N.J. Admin. Code § 17:20-4.3

Current through Register Vol. 56, No. 23, December 2, 2024

Section 17:20-4.3 - Review of agent application

(a) Upon receipt of an application that appears to be complete and in order, the Director shall subject it to a thorough review, including:

1. Verification of references;

2. A check of credit reporting sources, other State departments and agencies and criminal justice agencies;

3. A separate marketing study that may include (but need not be limited to) the following factors:

i. The applicant's hours of operation;

ii. The types of businesses in which the applicant engages;

iii. The presence or absence of similar types of businesses among nearby agents;

iv. The distance from the applicant's location to nearby agents;

v. Traffic patterns, parking access, store type and other factors which affect public access;

vi. The potential for increased ticket sales, which may be arrived at by comparing 13-week average sales for agents in the applicant's municipality with the Statewide per-agent average for the same time period or by analyzing the public cross-section frequenting establishments of the applicant's type, or by analysis of the other geodemographic data; and

vii. The applicant's business experience and marketing attitude; and

4. Such other procedures as may be needed to substantiate the moral character of the applicant and key personnel and the ability of the applicant to satisfy the other licensing criteria as set forth in the Act and in this chapter.

(b) The Director may schedule and hold a public information gathering hearing to facilitate the review of a license application, in addition to any hearing which may be requested pursuant to 17:20-5.3.

(c) The Director may dispense with such of the above procedures or factors as are deemed unnecessary in completing a particular application review.

N.J. Admin. Code § 17:20-4.3

Amended by 50 N.J.R. 1826(b), effective 8/6/2018