17:14A-13.  Commissioner's findings
The commissioner shall approve the application and issue a certificate of approval which shall be endorsed upon or annexed to the certificate of incorporation if he finds that:

a.  The establishment of the company is in the public interest;  and

b.  Will be of benefit to the area proposed to be served;  and

c.  The amount of the capital stock appears adequate or if he deems it inadequate the amount of capital stock or other form of capital investment he deems appropriate;  and

d.  The company will have a reasonable prospect of success;  and

e.  The character, responsibility and general fitness of the incorporators command confidence and warrant belief that the business of the company will be honestly and efficiently conducted;  and

f.  The name proposed for the company conforms with the requirements of this  chapter and that the proposed bylaws are proper;  and

g.  The company has filed proofs as to the mailing of notice and publication  required by the chapter.

L.1983, c. 566, s. 17:14A-13.