Licensing application; fee

(a) Each applicant for an original or renewal license shall: (1) Submit an application in writing, under oath, and in such form as the department may prescribe; (2) Furnish to the Nationwide Multistate Licensing System and Registry the following information: (A) The legal name and principal business address of the person applying for the license; (B) The names and the residence and business addresses of each director, owner, and executive officer of the applicant; (C) The address of each location where the applicant will engage in the business of making installment loans in this state; (D) Any name, subject to approval by the department, under which the applicant will engage in the business of making installment loans in this state; and (E) The name and address of the initial registered agent and registered office for service of process in this state; (3) Submit such other data, financial statements, and pertinent information as the department may require with respect to the applicant or its directors, owners, or executive officers; and (4) Pay a nonrefundable supervision fee established by rules and regulations of the department. (b) A person applying for an original license shall pay a nonrefundable investigation fee established by rules and regulations of the department. 659 History. Code 1981, § 7-3-20, enacted by Ga. L. 2020, p. 156, § 2/SB 462. Editor’s notes. Ga. L. 2020, p. 156, § 2/SB 462, 7-3-21 effective June 30, 2020, redesignated former Code Section 7-3-20 as present Code Section 7-3-17. 7-3-21. Bond requirements.