13-42-112 - Registration in another state -- Rulemaking.
13-42-112. Registration in another state -- Rulemaking.
(1) (a) Subject to rules made by the administrator, if a provider holds a license orcertificate of registration in another state authorizing it to provide debt-management services, theprovider may submit a copy of that license or certificate and the application for it instead of anapplication in the form prescribed by Subsection 13-42-105(1), Section 13-42-106, or Subsection13-42-111(2).
(b) The administrator shall accept the application and the license or certificate from theother state as an application for registration as a provider or for renewal of registration as aprovider, as appropriate, in this state if:
(i) the application in the other state contains information substantially similar to or morecomprehensive than that required in an application submitted in this state;
(ii) the applicant provides the information required by Subsections 13-42-106(1), (3),(10), (12), and (13);
(iii) the applicant, under penalty of perjury, certifies that the information contained in theapplication is current or, to the extent it is not current, supplements the application to make theinformation current; and
(iv) the applicant files a surety bond or substitute in accordance with Section 13-42-113or 13-42-114 that is solely payable or available to this state and to individuals who reside in thisstate.
(2) The administrator, in accordance with Title 63G, Chapter 3, Utah AdministrativeRulemaking Act, shall make rules designating the states in which a provider may have a licenseor certificate that may be submitted to the administrator in compliance with this section.
Amended by Chapter 382, 2008 General Session