If a provider holds a license or
certificate of registration in another state authorizing it to provide debt-management services, the provider may submit a copy of that license or certificate
and the application for it instead of an application in the form prescribed by section
5-19-205 (a), 5-19-206, or 5-19-211 (b). The administrator shall accept the
application and the license or certificate from the other state as an application for
registration as a provider or for renewal of registration as a provider, as
appropriate, in this state if:
(1)The application in the other state contains information substantially
similar to, or more comprehensive than, that required in an application submitted in
this state;
(2)The applicant provides the information required by section 5-19-206
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If a provider holds a license or
certificate of registration in another state authorizing it to provide debt-management services, the provider may submit a copy of that license or certificate
and the application for it instead of an application in the form prescribed by section
5-19-205 (a), 5-19-206, or 5-19-211 (b). The administrator shall accept the
application and the license or certificate from the other state as an application for
registration as a provider or for renewal of registration as a provider, as
appropriate, in this state if:
(1) The application in the other state contains information substantially
similar to, or more comprehensive than, that required in an application submitted in
this state;
(2) The applicant provides the information required by section 5-19-206 (1),
(3), (8), (10), and (11);
(3) The applicant, under penalty of false statement, certifies that the
information contained in the application is current or, to the extent it is not current,
supplements the application to make the information current; and
(4) The application is accompanied by the items required in section 5-19-205
(b).