(a) Advise the superintendent, in writing:
- (1) of the name and residence of each stockholder owning 20 percent or more of any class of the outstanding capital stock of the licensee; and
- (2) of each director and officer, who terminates or alters his status with the licensee, and the name and residence of each person who becomes a stockholder owning 20 percent or more of any class of the outstanding capital stock of the licensee, or a director or officer; and
(b) If paragraph (a)(2) of this section is applicable, advise the superintendent in writing whether or not:
- (1) any such person has ever previously applied for a license to do business as a premium finance agency in this State, and the disposition of such application;
- (2) any such person, previously licensed under article XII-B of the Banking Law, has had such license revoked or suspended;
- (3) any such person has ever applied to any other state for a license to engage in the business of a premium finance agency, and the disposition of such application;
- (4) any license to engage in the business of a premium finance agency, issued by any other state to any such person has ever been revoked or suspended;
- (5) any such person has ever been found by the superintendent to have violated any of the provisions of article XII-B of the Banking Law or any rule or regulation of the superintendent; and
(c) Obtain from each person who becomes a stockholder owning 20 percent or more of any class of the outstanding capital stock of the licensee, or a director or officer, and transmit to the superintendent the following:
- (1) an affidavit stating whether he has ever been indicted or convicted for any crime in any jurisdiction;
- (2) a statement on the form required by the Department of Financial Services certifying to the financial condition of such person;
- (3) a statement or resume of the occupational activities of such person during the previous 10-year period.
Every corporate licensee shall, within 10 days after the occurrence of the event: