37. The Organization may refuse to issue a licence or may impose restrictions or conditions on a licence(1) if the applicant’s licence has previously been revoked, suspended or made subject to restrictions or conditions by the discipline committee, by a body in Québec responsible for overseeing and monitoring real estate brokerage, or by such a body in another province or State;
(2) if the applicant has made an assignment of property or been placed under a receiving order pursuant to the Bankruptcy and Insolvency Act (R.S.C. 1985, c. B-3);
(3) if the applicant has previously been convicted, by a court, of an offence or an indictable offence which, in the Organization’s opinion, is related to brokerage transactions, or has pleaded guilty to such an offence; or
(4) if the applicant has been assigned a tutor, curator or adviser.