1. (a) No person may operate as a provider of service contracts, or offer to be a provider of service contracts, in this state without first registering with the department, unless the service contracts offered by such person are specifically exempt from the application of Texas Occupations Code, Chapter 1304.
2. (b) A registration is valid for one year from the date issued.

3. (c) Initial applications for registration must provide the department with all of the following required information, on forms prescribed by the executive director:

   1. (1) a completed registration form;
   2. (2) a completed biographical affidavit from each controlling person as defined in Texas Occupations Code §1304.0035;
   3. (3) a completed criminal history questionnaire from each controlling person as defined in Texas Occupations Code §1304.0035, if applicable;
   4. (4) the required fee; and
   5. (5) proof of financial security as prescribed under §77.40.

4. (d) Not later than the 30th day after the date of a provider's initial registration, the provider must submit the following information to the department:

   1. (1) a list of internet website addresses through which a consumer may purchase the provider's service contracts, if any;
   2. (2) a list of administrator(s) appointed by the provider, if any, including each administrator's name, assumed name, street address, telephone number, and department registration number; and
   3. (3) a list of sellers of the provider's service contracts, except those excluded under Texas Occupations Code §1304.1025(c)(2), including each service contract seller's name, assumed name, street address, and telephone number.
5. (e) Falsification of information on an application is cause for denial and/or revocation of the registration.
6. (f) The department may refuse to issue a registration if the applicant or a controlling person of the applicant has violated Texas Occupation Code, Chapter 1304, this chapter, or a rule or an order issued by the commission or executive director.

Source Note:The provisions of this §77.20 adopted to be effective November 16, 2009, 34 TexReg 7791.