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Session Laws, 1967
Volume 681, Page 1099   View pdf image (33K)
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SPIRO T. AGNEW, Governor                        1099

(1)  The full name and address (both of residence and place of
business) of the applicant, and if the applicant is a partnership or
association, of every member thereof, and the name and business
address if the applicant is a corporation, as well as the officers and
directors thereof, except that if the applicant is a joint stock associa-
tion having one hundred (100) or more members or shareholders
the names and business addresses need be given only of the associa-
tion and of each officer and director thereof.

(2)  The county, city, town or village with the street number, if
any, where the seller or issuer is to transact such business. At the
time of the filing of an application with the Commissioner, said
applicant shall set forth the name and business address of every
agent authorized to conduct and transact the business set forth in
this subtitle, on behalf of such applicant. Each person specified in
such certificate shall be the designated agent of the applicant for all
purposes in connection with the applicant's licensed business. Every
licensee shall also file under oath a supplemental [statement setting
forth any changes in the list of licensed officers, agents, or subagents,
in such form as the Commissioner may require, covering the periods
ending the first day of May and the first day of November of each
year; such reports shall be filed with the office of the Commissioner
not later than the tenth day of the month following each semiannual
reporting period. Also, every licensee shall furnish the Commissioner
at the end of each calendar year a complete alphabetical list of each
of said licensee's agents, giving such information as the Commis-
sioner may require. Such list shall be filed with the office of the Com-
missioner not later than thirty (30) days from the last business day
of December of each year.] report as of July 1st of each year which
shall contain the names of any new agents appointed by the licensee
since December 1st of the preceding calendar year. This supple-
mental report shall give the full name of the agent, the address
thereof, the business thereof and the date of appointment. This
report shall also include the names of any agent whose agency has
been cancelled by the licensee during the same period. This report
shall be in such form as the Commissioner may prescribe. At the
time this report is submitted to the Commissioner which shall be not
later than ten (10) days after July 1st of each year, the principal
licensee shall pay to the Commissioner the sum of Four Dollars
($4.00) for each such new agent added for the calendar period.

(3)   Such application shall be accompanied by a fee of $100.00
which fee shall be for the cost of investigating the applicant. When
and if the application has been approved by the Commissioner, and
the applicant so advised, an additional sum of $100.00 as an annual
license fee for a period terminating on the last day of the current
calendar year, shall be paid by the applicant to the Commissioner.
The license fee for an applicant applying for a license after July 1 of
any year shall be $50.00 for the balance of such year.

In addition to said annual license fee, each applicant shall pay an
annual fee of $4.00 for every agent who is authorized and desig-
nated by the applicant to sell or issue checks, drafts and/or money
orders, for a fee or service charge, under his or their or its name at
any location other than specified in the license, provided that if any
agent or subagent of an applicant is exempt from the provisions of
this subtitle pursuant to Section 210 hereof, no license fee shall be re-
quired to be paid by the applicant with respect to such agent or sub-
agent.

 

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Session Laws, 1967
Volume 681, Page 1099   View pdf image (33K)
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