<?xml version='1.0' encoding='utf-8'?>
<section article="gbr" article_name="Business Regulation" number="7-302" title_number="7" title_name="Collection Agencies" subtitle_number="3" subtitle_name="Licenses">
  <level label="a">
    <text>An applicant for a license shall:</text>
    <level label="1">
      <text>submit a completed application in the form, and in accordance with the process, that the Board requires;</text>
    </level>
    <level label="2">
      <text>pay to the Board:</text>
      <level label="i">
        <text>a nonrefundable application fee in the amount set by the Board; and</text>
      </level>
      <level label="ii">
        <text>a nonrefundable investigation fee in the amount set by the Board; and</text>
      </level>
    </level>
    <level label="3">
      <text>provide all the information that the Board requests.</text>
    </level>
  </level>
  <level label="b">
    <text>An application shall be made under oath and shall include:</text>
    <level label="1">
      <text>the applicant’s legal name, any trade name used by the applicant in accordance with § 2–121 of the Financial Institutions Article, and the applicant’s principal executive office address, telephone number, e–mail address, and Web site addresses, if any;</text>
    </level>
    <level label="2">
      <text>the address of each additional location, if any, that:</text>
      <level label="i">
        <text>the general public may reasonably view as a location that does business as a collection agency, including any location that investigates customer complaints or directly communicates with customers verbally, electronically, or in writing;</text>
      </level>
      <level label="ii">
        <text>houses any core operational infrastructure or technology systems;</text>
      </level>
      <level label="iii">
        <text>conducts any core management, information security and technology, risk and compliance, or finance functions; or</text>
      </level>
      <level label="iv">
        <text>is otherwise required to be listed in NMLS by regulation adopted under this title;</text>
      </level>
    </level>
    <level label="3">
      <text>the federal employer identification number or Social Security number of the applicant, as applicable;</text>
    </level>
    <level label="4">
      <text>the state of formation and the date of formation of the applicant if the applicant is a business entity;</text>
    </level>
    <level label="5">
      <text>the name and residence address of each control person;</text>
    </level>
    <level label="6">
      <text>the name and address of the principal contact for consumer complaints;</text>
    </level>
    <level label="7">
      <text>the name, address, and telephone number of the applicant’s resident agent; and</text>
    </level>
    <level label="8">
      <text>any other information that the Board requests.</text>
    </level>
  </level>
  <level label="c">
    <text>In addition to any other requirement for licensure under this subtitle, an applicant for a license shall file with the Board a surety bond as required under § 7–304 of this subtitle.</text>
  </level>
  <level label="d">
    <text>The Board shall issue a license to each applicant who meets the requirements of this subtitle.</text>
  </level>
</section>
