701.06 ISSUANCE OF LICENSES; INVESTIGATION.

   Upon receipt of any application for a license, accompanied by the proper fee, the Director of Finance, if no approval nor any inspection by any officer required as a condition of issuing the license is yet to be secured or made, shall forthwith issue to the applicant the proper license, and turn the fee in to the Treasury.

   If any approval or inspection by any officer required as a condition of issuing the license is yet to be made, the Director of Finance shall hold the fee as a deposit, and shall notify the officer or officers concerned, who shall forthwith make any investigations or inspections required in the circumstances, and report thereon with a statement of approval or disapproval as each case shall require. In case the report is satisfactory or the approval is given, the Director of Finance shall thereupon issue the license and turn the deposit in to the Treasury. In case the report is unsatisfactory or the application is disapproved the Director of Finance shall notify the applicant, and shall return deposit upon demand of the applicant therefor.

   The issuance of the license shall be effected by the execution and delivery to the licensee of a proper license certificate in a form determined by the Director of Finance, and over his signature. The Director of Finance shall make an adequate record of all licenses issued.

(1931 Code §50.6210)