§ 81.32. Additional information from applicants for renewal licenses.
The Department may request the filing of additional information to be received by the Department in conjunction with the renewal application. This information will assist the Department in evaluating whether the renewal applicant is financially stable and conducting business in a manner which provides a beneficial check cashing service to the public as stated in section 102 of the act (63 P. S. § 2302). The additional information that the Department requests with the renewal application may include financial statements prepared by the applicant or the applicant’s accountant, prepared in accordance with generally accepted accounting principles such as a balance sheet and an income and expense statement.
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