(a) If the town council finds that the applicant has not been convicted of a felony; a violation of any federal and state statutes relating to the use, possession, or sale of intoxicating liquors; any federal or state statute relating to prostitution; any federal or state statute relating to the use, possession or sale of narcotic drugs; and has not been a habitual violator of traffic laws, the town council may issue a permit to the applicant to drive a taxicab upon receipt of an annual fee listed in the village fee schedule, which shall be renewed each year thereafter.
(b) No permit shall be issued unless the applicant first files with the town proof of financial responsibility as required by G.S. 20-280.
(Code 1989, § 73.06)