New Hampshire § 361-A-6 - Section 361-A:6 License Denial or Abandonment; Appeal.

§ 361-A-6. Section 361-A:6 License Denial or Abandonment; Appeal.

I. If the commissioner determines that the applicant fails to meet the requirements of this chapter, the commissioner shall immediately, in writing, notify the applicant of that determination. II. The commissioner may deny a license application if the applicant or the applicant's principal: (a) Has filed an application for licensing which was incomplete in any material respect; (b) Is the subject of an order entered within the past 5 years by this state, any other state, or any state or federal regulator denying, suspending, or revoking a license or registration; (c) Is permanently, preliminarily, or temporarily enjoined by any court of competent jurisdiction from engaging in or continuing any conduct or practice involving any aspect of lending or collection activities; (d) Is not qualified on the basis of such factors as experience, knowledge, and financial integrity; (e) Does not possess the financial resources and responsibility, experience, character and general fitness, personnel, or record of past or proposed conduct to warrant the public's confidence; (f) Has not demonstrated that the business will be operated lawfully, honestly, and fairly within the provisions of this chapter; or (g) Should not be licensed for other good cause shown. III. Applicants may appeal a license denial by requesting the commencement of an adjudicative proceeding under RSA 541-A and any rules of the commissioner adopted thereunder. IV. Applicants may apply to the commissioner for a rehearing under RSA 541 if the decision in an appeal conducted pursuant to paragraph III affirms a denial of a license application. V. Any appeal from a decision on rehearing shall be by appeal to the supreme court pursuant to RSA 541. VI. The commissioner may deem abandoned and withdrawn any application for licensure under this chapter if the applicant fails to respond in writing within 90 calendar days to any communication from the department, including but not limited to any communication made through the Nationwide Multistate Licensing System and Registry, requesting a response.