MANAGEMENT AND CONTROL

Subpart 1. License criteria. Licenses are issued after consideration of the experience, character, and general fitness of the officer or manager in charge of the licensed office. Subp. 2. Change of managing officer. Changes of such managing officer which occur must be reported promptly, in writing, to the commissioner of commerce, in advance of the effective date of change when circumstances permit, but in any event within ten days of such transfer.