Authority to Issue Permits to Distillery Certificate Brokers

Section 703. Authority to Issue Permits to Distillery Certificate Brokers.--Subject to the provisions of this article and regulations promulgated under this act, the board shall have authority to issue to any reputable financially responsible person whose plan of business in dealing in distillery bonded warehouse certificates is not deemed by the board to constitute "fraudulent practice," as defined herein, a permit to act as distillery certificate broker.