(3) The applicant, or perhaps in the situation of a applicant that’s not a person, all the applicant’s controlling persons, executive officers, directors, basic partners, and managing users, has demonstrated responsibility that is financial character, and basic physical fitness to command the self- confidence regarding the community also to warrant a dedication that the applicant shall operate really, fairly, and effectively pursuant for this chapter. For the true purpose of this paragraph, you were maybe not economically accountable once the individual indicates a neglect into the handling of the individual’s monetary condition. a dedication that any particular one shows a neglect when you look at the handling of the individual’s monetary condition may depend on:
(A) current judgments that are outstanding except judgments entirely as a consequence of medical expenses;
(B) active tax that is outstanding or other federal government liens and filings;
(C) Foreclosures in the previous 36 months; and
(D) A pattern of really delinquent records within the last 3 years;
(4) The applicant, or in the scenario of a applicant that’s not a person, each one of the applicant’s controlling persons, executive officers, directors, basic lovers, and managing users, is not convicted of, pled responsible or nolo contendere to, or been given a deferred acceptance of a accountable plea under federal legislation or chapter 853 to virtually any misdemeanor involving an act of fraudulence, dishonesty, breach of trust, or cash laundering;