Page:United States Statutes at Large Volume 70.djvu/1094

 1038

Issuance or r e fusal of l i c e n s e.

P o s t i n g of license.

PUBLIC LAW 982-AUG. 8, 1956

[70

ST AT,

for such license shall be $250. If the Commissioners do not so find after investigation they shall notify the applicant thereof and return the bond filed with the application. Within sixty days from the date of filing the application for license, accompanied by the investigation fee and bond required by this Act, the Commissioners shall either issue or refuse to issue such license, but no applicant shall be denied a license until after a due hearing by the Commissioners, at which the applicant shall have a reasonable opportunity to be heard and to produce evidence in support of his application. If the application be denied the Commissioners shall within twenty days thereafter prepare a written decision and findings with respect thereto containing a summary of the evidence and the reasons supporting the denial and forthwith serve upon the applicant a copy thereof. (b) Each license issued under this Act shall state fully the name of the licensee and the place at which the business is to be conducted under such license. Such license shall be kept conspicuously posted in such place of business. No such license shall be transferable or assignable. Not more than one place of business shall be maintained under the same license, but the Commissioners may issue more than one license to the same licensee upon compliance for each such license with all the provisions of this title applicable to the original issuance of licenses. Whenever a licensee shall desire to change his place of business to another location within the District he shall immediately give written notice thereof to the Commissioners. Upon receipt of such notice the Commissioners shall attach to the license a statement of the change of location and the date thereof, which shall be authority for the operation of such business under such license at the new location. (c) No licensee shall transact such business or make any loan provided for by this Act under any other name or at any other place of business than that named in the license. REVOCATION, S U S P E N S I O N, A N D RENEWAL OF LICENSES

Revocation of li-

SEC. 6. (a) Each license shall remain in full force and effect until the first day of November following the date of issuance unless sooner Burrendered by the licensee or suspended or revoked as hereinafter provided. Application for license for the following year may be made by any licensee within twenty days prior to the first day of November. If the Commissioners are satisfied that no fact or condition then exists which clearly would warrant the Commissioners in refusing to issue a license on an original application the Commissioners are authorized to issue license for the year commencing on the first day of November following the date of such application, upon payment of license fee of $250. (b) The Commissioners shall, upon ten days' notice to the licensee stating that they contemplate the revocation or suspension of his license, and, in general, the grounds therefor, revoke or suspend such license, after reasonable opportunity has been afforded to the licensee to be heard, if the Commissioners find (1) that the licensee has failed to maintain in effect the bond or bonds required under this Act or (2) that the licensee has either knowingly or without the exercise of due care to prevent the same, violated any provision of this Act or has failed to comply with any rule or regulation lawfully made pursuant thereto, or (3) that any fact or condition then exists which clearly would warrant the Commissioners in refusing to issue a license on an original application. If the license be revoked or suspended the Commissioners shall, within twenty days thereafter, prepare a written decision and findings with respect thereto containing a summary of the evidence and the reasons supporting the revocation or suspension and forthwith serve upon the licensee a copy thereof.

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