§ 1033 — Registration process

§ 1033. Registration process. 1. Except as otherwise provided in this\nsection, a model management company or model management group required\nto be registered under this article shall provide the department with\ninformation required by the department on forms that the department\nspecifies.\n 2. At a minimum, a model management company or model management group\nshall provide the following information:\n (a) all names under which it conducts business;\n (b) the address of the principal place of business of the model\nmanagement company or model management group and the address of each\noffice it maintains in New York state;\n (c) the model management company or model management group's taxpayer\nor employer identification number;\n (d) a list by jurisdiction of each name under which the model\nmanagement company or model management group has operated in the\npreceding five years, including any alternative names, names of\npredecessors and, if known, successor business entities; and\n (e) in the event the model management company or the ultimate parent\nof a model management group is a privately or closely held company, the\nmodel management company or model management group shall file a list of\nall persons or entities that beneficially own a five percent or greater\ninterest in the model management company at the time of application and\na list of persons who formerly beneficially owned a five percent or\ngreater interest in the model management company or its predecessors in\nthe preceding five years. In the event the model management company or\nthe ultimate parent of a model management group is a publicly traded\ncompany, the model management company or model management group shall\nfile a list of all persons or entities that beneficially own a fifty\npercent or greater interest in the model management company or the\nultimate parent of the model management group at the time of\napplication.\n 3. Each model management company or model management group operating\nwithin this state shall submit its initial registration to the\ndepartment within one year after the effective date of this article.\n 4. Upon application for registration, a model management company or\nmodel management group with more than five employees that either work\nfrom a location in this state or perform work relating to models in this\nstate shall deposit with the department a surety bond in the sum of\nfifty thousand dollars.\n 5. Every model management company or model management group registered\npursuant to the provisions of this article shall pay to the commissioner\na registration fee before the certificate of registration is issued. The\nregistration fee for a model management company or model management\ngroup operating with five or less employees shall be five hundred\ndollars, and for a model management company or model management group\noperating with more than five employees, the registration fee shall be\nseven hundred dollars. If the application for registration is denied or\nwithdrawn, one-half of the registration fee provided herein shall be\nreturned to the applicant.\n 6. A registration or exemption from registration of a model management\ncompany or model management group shall be valid for two calendar years\nfrom the date of registration or exemption. Registrations or exemptions\nmay be renewed not less than ninety days before the expiration date of\nthe immediately preceding registration.\n 7. The department shall maintain a list of model management companies\nand model management groups registered under this article and shall\nissue a certificate of registration or a certificate of exemption to\neach model management company or model management group duly registered.\n 8. The department shall prescribe forms necessary to promote the\nefficient administration of this section.\n