Sec. 7. (a) The director may issue or amend a license after the director has:

(1) received and approved the required information and documentation; and

(2) determined that:

(A) the facility or facilities covered by the application are suitable for the proper storage or handling of the grain intended to be stored or handled in the facility or facilities; and

(B) the applicant has complied with this chapter and the rules adopted under this chapter.

(b) A person may not represent that the person is licensed under this chapter, and may not use a name or description that conveys the impression that the person is licensed, in a receipt or otherwise, unless the person holds an unsuspended and unrevoked license to conduct the business indicated by the license.

(c) An applicant for a license under this chapter must show that the applicant:

(1) has a good business reputation;

(2) has not been involved in improper manipulation of books and records or other improper business practice;

(3) has the qualifications and background essential for the conduct of the business to be licensed;

(4) employs management and principal officers that have suitable business reputations, background, and qualifications to perform their duties;

(5) has not been found guilty of a crime that would affect the licensee's ability to conduct business with integrity; and

(6) does not employ an officer, director, partner, or manager that has been found guilty of a crime that would affect the licensee's ability to conduct business with integrity.

Formerly: Acts 1973, P.L.268, SEC.1; Acts 1974, P.L.120, SEC.5. As amended by Acts 1979, P.L.249, SEC.4; Acts 1982, P.L.155, SEC.7; P.L.17-1985, SEC.21; P.L.191-1991, SEC.5; P.L.249-1995, SEC.2; P.L.125-1997, SEC.25.