Section 26-37-116 - Mechanical breakdown insurance organizations; general conditions for issuance or renewal of dealer's license(a) For the protection of the people of this state, the commissioner shall not issue or renew any mechanical breakdown insurance dealer's license: (i) Unless the applicant is in compliance with this chapter; (ii) To any person found untrustworthy or incompetent or who has not established to the satisfaction of the commissioner that he is qualified in accordance with this chapter.