Each applicant for a license under this chapter shall show to the commissioner that:

1. (1) the applicant has the good faith intent to engage in the type of business the license or licenses applied for would permit;

2. (2)

   1. (a) if a natural person, the applicant is:

      1. (i) competent; and
      2. (ii) trustworthy; or
   2. (b) if an organization, all the partners, directors, principal officers, or persons in fact having comparable powers are trustworthy, and that the applicant will transact business in such a way that all acts that may only be performed by a licensed adjuster are performed exclusively by natural persons who are licensed under this chapter to transact that business and listed on the organization's license under Section 31A-26-209; and
3. (3) if a natural person, the applicant is at least 18 years of age.

Amended by Chapter 319, 2018 General Session