§ 19-14.4-2. Public notice of application.
(a) Upon the filing of any application in due form, accompanied by the required fee and
documents, notice thereof shall be published in a newspaper of general circulation
in this state. Each notice shall contain:
(1) The name of the applicant;
(2) The location of the proposed site; and
(3) A statement that any comment or objection by anyone in relation to the application
should be submitted in writing to the director, or the director's designee, for consideration
within ten (10)
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§ 19-14.4-2. Public notice of application.
(a) Upon the filing of any application in due form, accompanied by the required fee and
documents, notice thereof shall be published in a newspaper of general circulation
in this state. Each notice shall contain:
(1) The name of the applicant;
(2) The location of the proposed site; and
(3) A statement that any comment or objection by anyone in relation to the application
should be submitted in writing to the director, or the director's designee, for consideration
within ten (10) business days of the date of publication.
(b) The general assembly finds and declares that check-cashing businesses provide important
and vital services to Rhode Island citizens; that the number of check-cashing businesses
should be limited in accordance with the needs of the communities they are to serve;
and that it is in the public interest to promote and foster check-cashing businesses
and to insure their financial stability.
(c) The director, or the director's designee, shall cause an investigation of the needs
of the community for the establishment of a check-cashing business at the location
specified in the application and the effect that granting the license will have on
the financial stability of other check-cashing businesses that may be serving the
community in which the business of the applicant is proposed to be conducted. If the
issuance of a license to engage in the check-cashing business at the location specified
will not promote the needs and the convenience and advantage of the community in which
the check-cashing business of the applicant is proposed to be conducted, then the
application may be denied.
(d) The director, or the director's designee, shall investigate to ascertain whether the
qualifications and requirements have been met. Within ninety (90) days after the publication
of the notice, if the director, or the director's designee, finds that the qualifications
have been met, he or she shall issue to the applicant a license to engage in the business
of cashing checks in this state.