(A)   Upon receipt of each application the Clerk-Treasurer may refer it to the Board, who may make or cause to be made an investigation of the statements made in that application.
   (B)   The Clerk-Treasurer shall refuse to register the applicant if it is determined that the application contains any material omission or materially inaccurate statement, or complaints of a serious nature against the applicant by the authorities in any of the last cities, villages, or towns in which the applicant conducted similar business, or the applicant was convicted of a crime, statutory violation, or ordinance violation within the past five years, the nature of which is directly related to the applicant’s fitness to engage in direct selling, or the applicant failed to comply with any applicable provision of § 111.15(B) above.
(`99 Code, § 5.02)