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-34 Issuance of license; grounds for denial. (a) The commissioner shall conduct a study each and every applicant to determine the economic duty, character, and basic physical fitness for the applicant. The commissioner shall issue the applicant a permit to engage in the company of earning dollar that is small in the event that commissioner determines that:

(1) The applicant or, when it comes to an applicant that’s not a person, all the applicant’s control people, executive officers, directors, basic partners, and handling users, hasn’t had a dollar that is small permit revoked in virtually any jurisdiction; so long as a subsequent formal holiday of the revocation shall never be considered a revocation;

(2) The applicant or, when it comes to an applicant that isn’t a person, each one of the applicant’s control people, executive officers, directors, basic lovers, and handling users, will not be convicted of, pled bad or nolo contendere to, or been issued a deferred acceptance of a accountable plea under federal legislation or under chapter 853 to a felony in a domestic, international, or court that is military

(A) through the period that is seven-year the date associated with application for certification; or

(B) At any moment preceding the date of application, in the event that felony included an work of fraudulence, dishonesty, breach of trust, or cash laundering;

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