Haw. Code R. § 16-117-13

Current through April, 2024
Section 16-117-13 - Registration requirements
(a) Application for registration shall be made under oath on a form provided by the director. The form may require the activity desk to provide:
(1) The activity desk's name and any trade names being used;
(2) Evidence of registration of the corporation, partnership, organization, association, and any trade names with the business registration division of the department;
(3) The applicant's business address and phone number and the business addresses and phone numbers of each branch office; and
(4) Evidence that a client trust account has been established, or in lieu of a client trust account, evidence that a bond or an irrevocable letter of credit has been issued. The bond or the irrevocable letter of credit shall be submitted with a notarized report verifying the average monthly net sales revenue of the activity desk and any branch offices.
(b) A separate registration shall be made for a branch office if the branch office utilizes a separate client trust account from the principal office.
(c) No separate registration shall be made for branch offices of an activity desk which provides a bond or an irrevocable letter of credit in lieu of a bond.
(d) Each application shall be accompanied with the appropriate fees.
(e) It shall be each applicant's responsibility to furnish the information or documentation required.

Haw. Code R. § 16-117-13

[Eff 1/16/93] (Auth: §§ -2, -17, Act 231, SLH 1992) (Imp: §§ -2, -10, Act 231, SLH 1992)