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§3A-406.
§3A-406.
A. The Commission shall refuse to issue, deny renewal, suspend, or
revoke a distributor license or a manufacturer license for any
individual who:
1. Is not a citizen of the United States; or
2. Has been convicted, pled guilty, or pled nolo contendere to a
felony pursuant to the laws of the United States, the District of
Columbia, or any state or territory of the United States.
B. The Commission shall refuse to issue, deny renewal, suspend or
revoke a distributor license or a manufacturer license for a
partnership if a partner of the partnership has been convicted, pled
guilty, or pled nolo contendere to a felony pursuant to the laws of
the United States, the District of Columbia, or any state or territory
of the United States.
C. The Commission shall refuse to issue a distributor license or a
manufacturer license for a corporation which has an officer or
stockholder owning more than ten percent (10%) of the corporate stock
who has been convicted, pled guilty, or pled nolo contendere to a
felony pursuant to the laws of the United States, the District of
Columbia, or any state or territory of the United States.
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