District of Columbia § 26-304 Form and contents of application for license.

District of Columbia Statutes

§ 26-304 — Form and contents of application for license.

District of Columbia·Title 26 Banks and Other Financial Institutions.·Ch. 3 Check Cashers.

(a)An application for a license under this chapter shall be in writing under oath in the form prescribed by the Superintendent [Commissioner of the Department of Insurance, Securities, and Banking].

(b)The application shall include:

(1)If the applicant is an individual, the applicant’s name, business address and telephone number, and residence address and telephone number;

(2)If the applicant is a partnership or other non-corporate business association, the business name, business address and telephone number, and the residence address and telephone number of each:

(A)General partner, if the applicant is a limited partnership;

(B)General partner who holds the interest in the partnership or more than 10% interest if the applicant is a general partnership; or

(C)

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(a) An application for a license under this chapter shall be in writing under oath in the form prescribed by the Superintendent [Commissioner of the Department of Insurance, Securities, and Banking].

(b) The application shall include:

(1) If the applicant is an individual, the applicant’s name, business address and telephone number, and residence address and telephone number;

(2) If the applicant is a partnership or other non-corporate business association, the business name, business address and telephone number, and the residence address and telephone number of each:

(A) General partner, if the applicant is a limited partnership;

(B) General partner who holds the interest in the partnership or more than 10% interest if the applicant is a general partnership; or

(C) Member, if the applicant is a limited liability company or other non-corporate business association;

(3) If the applicant is a corporation:

(A) The name, address, and telephone number of the corporate entity; and

(B) The name, business telephone number, and the residence and telephone number of the president, senior vice presidents, secretary, treasurer, each director, and each stockholder owning or controlling 10% or more of any class of stock in the corporation;

(4) The applicant’s business plan;

(5) The name under which the check cashing business is to be conducted;

(6) The name and address of the applicant’s registered agent;

(7) The location at which the applicant proposes to conduct business;

(8) If the applicant seeks to conduct business from a mobile unit, the District registration number or other identification of the mobile unit and the area in which the applicant proposes to operate the mobile unit;

(9) If the applicant seeks to conduct business from a limited station, the group of employees that would be served and the location at which these employees would be served; and

(10) Any other information that the Superintendent [Commissioner] requires.

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