On application for a permit, the Commissioner shall issue the permit, if the Commissioner determines that the establishment and operations of the proposed office will not violate any law of this State that applies to banks and banking.

Added by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 1981, c. 753, § 1; Acts 1996, c. 326, § 2, eff. July 1, 1996; Acts 1999, c. 603, § 1, eff. Oct. 1, 1999; Acts 2008, c. 89, § 1, eff. Oct. 1, 2008.

Formerly Art. 11, § 32.