To qualify for a license hereunder an applicant shall meet the following requirements:
(1) The applicant shall have a net worth of at least $50,000, computed according to generally accepted accounting principles.
(2) The financial responsibility, financial condition, and business experience, and character and general fitness of the applicant shall be such as reasonably to warrant the belief that applicant's business will be conducted honestly, carefully and efficiently. To the extent deemed advisable by the Commissioner, the Commissioner may investigate and consider the qualifications of the applicant including officers and directors of an applicant in determining whether this qualification has been met.
Structure Delaware Code
Chapter 32. TRANSPORTATION OF MONEY AND VALUABLES
§ 3204. Exempt from licensing.
§ 3207. Accompanying fees and statements.
§ 3208. Action by the Commissioner; conditional approval.
§ 3209. License; bond; insurance.
§ 3210. Renewal of license; annual license fee.
§ 3212. Liability of licensee.
§ 3213. Suspension, revocation or surrender of license.
§ 3217. Rules and regulations.
§ 3218. Limitation on construction of chapter.
§ 3219. State government contracts.
§ 3220. Supervision and examination of business by the Commissioner.