§ 7-3-20. Requirements for Original and Renewal Licenses

1. 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:
      1. The legal name and principal business address of the person applying for the license;
      2. The names and the residence and business addresses of each director, owner, and executive officer of the applicant;
      3. The address of each location where the applicant will engage in the business of making installment loans in this state;
      4. 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
      5. 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.
2. A person applying for an original license shall pay a nonrefundable investigation fee established by rules and regulations of the department.

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, effective June 30, 2020, redesignated former Code Section 7-3-20 as present Code Section 7-3-17.