1. (a) No person may operate as a provider of identity recovery service contracts sold or issued, or offer to be a provider of identity recovery service contracts sold or issued, in this state without first registering with the department, unless the identity recovery service contracts offered by such person are specifically exempt from the application of Texas Occupations Code, Chapter 1306.
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 personal information form from each controlling person as defined in Texas Occupations Code §1306.004;
   3. (3) a completed criminal history questionnaire from each controlling person as defined in Texas Occupations Code §1306.004, if applicable;
   4. (4) 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;
   5. (5) a list of sellers of the provider's identity recovery service contracts, including each seller's name, assumed name, street address, and telephone number;
   6. (6) the required fee; and
   7. (7) proof of financial security as prescribed under §90.40.

Source Note:The provisions of this §90.20 adopted to be effective November 16, 2009, 34 TexReg 7799; amended to be effective March 1, 2012, 37 TexReg 1322.