§ 13-08-04 — Application for license

North Dakota § 13-08-04

• Jurisdiction: North Dakota
• Title 13: Debtor and Creditor Relationship
• Ch. 13-08: Deferred Presentment Service Providers

Text

1. Each application for a license must be in the form prescribed by the commissioner and
must include:
a. The legal name of the applicant, residence of the applicant, business address of
the applicant, and address at which deferred presentment service is provided if
different from the business address and, if the applicant is a partnership,
association, or corporation, the name and address of every member, officer, and
director;
b. The location at which the registered office of the applicant is located; and
c. Other data and information the commissioner may require with respect to the
applicant and the applicant's directors, officers, members, and shareholders.
2. To fulfill the purposes of this chapter, the commissioner may establish relationships or
contracts with a nationwide multistate licensing system and registry or other entities
designated by a nationwide multistate licensing system and registry to collect and
maintain records and process transaction fees or other fees related to licensees or
other persons subject to the chapter. The applicant shall pay directly to such
nationwide multistate licensing system any additional fee relating to participation in
such nationwide multistate licensing system.
3. In connection with an application for licensing as a deferred presentment service
provider, or any license renewals, the applicant shall furnish to the nationwide
multistate licensing system information concerning the applicant's identity, which may
include:
a. Fingerprints for submission to the federal bureau of investigation and any
governmental agency or entity authorized to receive such information for a state,
national, and international criminal history background check;
b. Personal history and experience in a form prescribed by the nationwide multistate
licensing system, including the submission of authorization for the nationwide
multistate licensing system and the commissioner to obtain:
(1) An independent credit report obtained from a consumer reporting agency
described in section 603(p) of the Fair Credit Reporting Act; and
(2) Information related to any administrative, civil, or criminal findings by any
governmental jurisdiction; and
c. Any other documents, information, or evidence the commissioner deems relevant
to the application regardless of the location, possession, control, or custody of
such documents, information, or evidence.
4. For the purposes of this section and in order to reduce the points of contact which the
federal bureau of investigation may have to maintain for purposes of subsection 3, the
commissioner may use the nationwide multistate licensing system and registry as a
channeling agent for requesting information from and distributing information to the
department of justice or any governmental agency.
5. For the purposes of this section and in order to reduce the points of contact which the
commissioner may have to maintain for purposes of subsection 3, the commissioner
may use the nationwide multistate licensing system and registry as a channeling agent
for requesting and distributing information to and from any source so directed by the
commissioner.