13-11-03. Application for license.
426 words·~2 min read·
/nd/title-13/chapter-13-11-debt-settlement-providers/13-11-03·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
1. Every application for a debt-settlement provider license, or for a renewal thereof, must
be made in the form prescribed by the commissioner and must contain any information
which the commissioner determines necessary and proper. The commissioner may
require any applicant to provide additional information that is not requested on the
application form. The applicant must register with the secretary of state if so required.
2. To fulfill the purposes of this chapter, the commissioner may establish relationships or
contracts with a nationwide multistate licensing system and registry or other entities
designated by a nationwide multistate licensing system and registry to collect and
maintain records and process transaction fees or other fees related to licensees or
other persons subject to the chapter. The applicant shall pay directly to such
nationwide multistate licensing system any additional fee relating to participation in
such nationwide multistate licensing system.
3. In connection with an application for licensing as a debt-settlement provider, or any
license renewals, the applicant shall furnish to the nationwide multistate licensing
system information concerning the applicant's identity, which may include:
a. Fingerprints for submission to the federal bureau of investigation, and any
governmental agency or entity authorized to receive such information for a state,
national, and international criminal history background check;
b. Personal history and experience in a form prescribed by the nationwide multistate
licensing system, including the submission of authorization for the nationwide
multistate licensing system and the commissioner to obtain:
(1)An independent credit report obtained from a consumer reporting agency
described in section 603(p) of the Fair Credit Reporting Act; and
(2)Information related to any administrative, civil, or criminal findings by any
governmental jurisdiction; and
c. Any other documents, information, or evidence the commissioner deems relevant
to the application regardless of the location, possession, control, or custody of
such documents, information, or evidence.
4. For the purposes of this section and in order to reduce the points of contact which the
federal bureau of investigation may have to maintain for purposes of subsection 3, the
commissioner may use the nationwide multistate licensing system and registry as a
channeling agent for requesting information from and distributing information to the
department of justice or any governmental agency.
5. For the purposes of this section and in order to reduce the points of contact which the
commissioner may have to maintain for purposes of subsection 3, the commissioner
may use the nationwide multistate licensing system and registry as a channeling agent
for requesting and distributing information to and from any source so directed by the
commissioner.