63N-16-403. Registry application -- Certificate -- Renewal -- Removal -- Notice.
(1) Subject to Subsection, an applicant for placement on the registry shall provide to the regulatory relief office: (1)(b) an application in a form prescribed by the regulatory relief office; and a fee established by the regulatory relief office in accordance with Section. 63J-1-504 The application shall include: a place for the name of the applicant, including any trade name used by the applicant in the conduct of the applicant's business; a place for a description of the activities conducted by the applicant in the state; a place for the applicant to list the applicant's: authorized agents in the state, if any; and website URL; a description of general noncustodial blockchain company activities; a place for the applicant to acknowledge that the applicant is a noncustodial blockchain company; and a statement notifying the applicant that the applicant may be removed from the registry if the applicant: ceases to operate as a noncustodial blockchain company; or engages in unlawful activity.
(2) Upon receipt of the application and fee described in Subsection, the regulatory relief office shall: (1) place the applicant on the registry; and issue a certificate of registration to the applicant. A noncustodial blockchain company's registration expires one year after the day on which the noncustodial blockchain company is placed on the registry. A noncustodial blockchain company may renew the noncustodial blockchain company's registration by providing to the regulatory relief office: a renewal application in a form prescribed by the regulatory relief office; and a renewal fee established by the regulatory relief office in accordance with Section. 63J-1-504
(3) A registered noncustodial blockchain company: shall immediately provide written notice to the regulatory relief office upon ceasing to operate as a noncustodial blockchain company; and may request removal from the registry in writing.
(4) The regulatory relief office shall remove a registered noncustodial blockchain company from the registry if: the noncustodial blockchain company's registration expires without renewal; the noncustodial blockchain company provides the notice or request described in Subsection; or (3) the regulatory relief office knows or has reason to know the noncustodial blockchain company is engaging in unlawful activity.