E. Financial Status or Solvency
1. | An individual will not be considered to be a Fit and Proper Person if such individual— |
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a. | is an undischarged bankrupt, currently subject to bankruptcy proceedings or a bankrupt who has recently been discharged; | |||
b. | is subject to receivership or other similar proceedings; and | |||
c. | has failed to meet any judgment debt, having regard to the circumstances of such failure and the recency of such failure. |