2006 Kentucky Revised Statutes - .040   Action by executive director on application.

304.30-040 Action by executive director on application. (1) Upon the filing of an application and the payment of the license fee, the executive director shall make an investigation of each applicant and shall issue a license if the applicant is qualified in accordance with this subtitle. If the executive director does not so find, he shall, within sixty (60) days after he has received the application, at the request of the applicant, give the applicant an administrative hearing. Hearings under this subtitle shall be conducted in accordance with KRS Chapter 13B. (2) The executive director shall issue or renew a license as may be applied for when he is satisfied that the person to be licensed: (a)  Is competent and trustworthy and intends to act in good faith in the capacity involved by the license applied for; (b)  Has a good business reputation and has had experience, training, or education so as to be qualified in the business for which the license is applied for; and (c)  If a corporation, is a corporation incorporated under the laws of this state or a foreign corporation authorized to transact business in this state. Effective: July 15, 1998 History: Amended 1998 Ky. Acts ch. 483, sec. 26, effective July 15, 1998. -- Amended 1996 Ky. Acts ch. 318, sec. 240, effective July 15, 1996. -- Created 1970 Ky. Acts ch. 301, subtit. 30, sec. 4, effective June 18, 1970. Legislative Research Commission Note (6/20/2005). 2005 Ky. Acts chs. 11, 85, 95, 97, 98, 99, 123, and 181 instruct the Reviser of Statutes to correct statutory references to agencies and officers whose names have been changed in 2005 legislation confirming the reorganization of the executive branch. Such a correction has been made in this section.