A sole proprietor applicant for a reduction facility permit shall receive a permit to operate a reduction facility in this State if the sole proprietor applicant meets the permit requirements of this regulation. A sole proprietor shall receive a permit if the sole proprietor: Completes an application form; Pays the nonrefundable application fee and any other fees due under this chapter; Provides the name, address, and phone number of each affiliated reduction facility; Designates a registered reduction operator as the responsible party for each affiliated reduction facility provided that the registered reduction operator may not be designated as the responsible party for more than a total of two reduction facilities; Provides evidence of a bond, letter of credit, or trust account established to meet the requirements of Regulation .07 of this chapter; Provides an affidavit stating that: No local, federal, or State taxes or fees are delinquent; and The reduction facility business is financially stable.