(a) When an application is filed under this subchapter, the Director shall investigate the applicant’s financial condition and responsibility, financial and business experience, character, and general fitness. The Director shall conduct an on-site investigation of the applicant, the reasonable cost of which the applicant must pay. The Director shall issue a license to an applicant under this subchapter if the Director finds that:
(1) the applicant has complied with § 538; and
(2) the financial condition and responsibility, financial and business experience, competence, character, and general fitness of the applicant; and the competence, experience, character, and general fitness of the executive officers, managers, directors, and persons in control of, the applicant indicate that it is in the interest of the public to permit the applicant to act as an authorized delegate on behalf of a licensee.
(b) When an application for an original license under this subchapter is complete, the Director shall issue the license under this subchapter.
(c) The Director may for good cause extend the application period.
(d) An applicant whose application is denied by the Director under this subchapter may appeal from the denial and request a hearing, no later than 30 days after receipt of the notice of denial.