<?xml version='1.0' encoding='utf-8'?>
<section article="gfi" article_name="Financial Institutions" number="12-106" title_number="12" title_name="Miscellaneous Institutions and Activities" subtitle_number="1" subtitle_name="Check Cashing Services">
  <text>To qualify for a license, an applicant shall satisfy the Commissioner that:</text>
  <level label="1">
    <text>The applicant’s business will promote the convenience and advantage of the communities where the applicant will operate a licensed location offering check cashing services; and</text>
  </level>
  <level label="2">
    <text>The applicant or, if the applicant is not an individual, each of the owners, officers, directors, or principals of the entity:</text>
    <level label="i">
      <text>Has sufficient experience, character, financial responsibility, and general fitness to:</text>
      <level label="1">
        <text>Command the confidence of the public; and</text>
      </level>
      <level label="2">
        <text>Warrant the belief that the business will be operated lawfully, honestly, fairly, and efficiently; and</text>
      </level>
    </level>
    <level label="ii">
      <text>Has not committed any act that would be a ground for suspension or revocation of a license under this subtitle.</text>
    </level>
  </level>
</section>
