§ 33-11-105 — Powers and duties of collection agency board

(a) The board shall have charge of the administration of
this act. All applications for licenses under this act shall be
referred to the board for consideration. The board shall
investigate the qualifications of the applicant. If the board
finds the applicant fails to meet the required qualifications,
the board shall reject the application; otherwise the
application shall be approved and a license granted on payment
of license fees and filing of a bond as required by this act.
(b) The board shall refuse to issue or renew a license:
(i) If an individual applicant or licensee is not an
adult;
(ii) If an applicant or licensee is not authorized to
do business in this state;
(iii) If the licensee does not have an established
office in Wyoming with a bona fide resident of Wyoming as a
resident manager, or in the case of an applicant, the
application does not disclose the proposed office location in
Wyoming and the name of the proposed resident manager;
(iv) If an applicant, or an owner, officer, director,
partner or resident manager of an applicant or licensee:
(A) Knowingly made a false statement of a
material fact in any application for a collection agency license
or renewal thereof, or in any documentation provided to support
the application or renewal;
(B) Has had a license to conduct a collection
agency denied, not renewed, suspended or revoked by this state
or any other state for any reason other than the nonpayment of
licensing fees or failure to meet bonding requirements;
(C) Has been convicted in any court of a felony
involving forgery, embezzlement, obtaining money under false
pretenses, larceny, theft, extortion, fraud or conspiracy to
commit fraud;
(D) Has had a judgment entered against him in
any civil action involving forgery, embezzlement, obtaining
money under false pretenses, larceny, theft, extortion, fraud or
conspiracy to commit fraud;
(E) Has failed to pay or satisfy any judgment
debt or penalty imposed by any court; or
(F) Has knowingly failed to comply with or
violated any provision of this act or the rules and regulations
of the board adopted pursuant to this act.
(c) In addition to other powers granted by this act, the
board may:
(i) Require a licensee or an applicant for a license
to submit to a background investigation including fingerprint
checks for state, national and international criminal history
record checks. In exercising its authority under this paragraph,
the board may utilize background checks completed by the
division of criminal investigation, other government agencies in
this state or in other states, the federal bureau of
investigation, the registry or another entity designated by the
registry;
(ii) Determine the content of application forms and
the means by which an applicant applies for, renews or amends a
license under this act.
(d) The board may require applicants to utilize the
registry or an entity designated by the registry for the
processing of applications and fees.