(a) An application for a commercial permit shall be submitted to an agent or office designated by the commissioner. Such application shall be made in a manner and on a form prescribed by the commissioner and shall include such information, statements or certification as the commissioner shall require.
(b) Upon receipt of an application, the commissioner shall:
(1) examine the application; and
(2) issue the commercial permit requested therein, imposing whatever restrictions or conditions on the permit he deems appropriate in order to protect the public interest; or
(3) refuse to issue the commercial permit requested therein.