Section 030-350-3 - REQUIREMENTS AND PROCEDURES FOR REGISTRATION OF CREDIT SERVICES ORGANIZATIONSA. Application for Initial Registration. On or before January 31, 1990 or prior to commencing business at any time thereafter, an applicant for initial registration as a credit services organization shall submit for approval a completed "Application for Credit Services Organization" package (supplied to the applicant by the Bureau) consisting of the following items: 1. A completed application form:2. A duly executed bond in the amount of $10,000;3. A copy, completed so as to reflect a hypothetical transaction, of the written agreement used by the company which satisfies the requirements of 9-A M.R.S.A. §10 - 302 (see subsection 4(B) of this Rule);4. A copy, completed so as to reflect a hypothetical transaction, of the written disclosure of material consumer protections used by the company which satisfies the requirements of 9-A M.R.S.A. §10 0.00 for the period between the date of application, and January 31st of the following year.]5. A check, made payable to "Treasurer, State of Maine," in the amount of $200.00. [Note: Applicants for initial registration who apply after October 1 of any year shall pay a reduced fee of $100.00 for the period between the date of application, and January 31st of the following year.]B. Application for Re-Registration. On or before January 31st of the year following its initial registration, an applicant for re-registration as a credit services organization shall submit for approval the following: 1. A completed re-registration form (supplied to the applicant by the Bureau);2. A completed Bond Confirmation indicating that the initial $10,000 bond continues in force or, if there has been a change in bonding companies, a duly executed bond meeting the specific requirements of paragraph 3(A)(2) of this Rule [initial registration bond]; and3. A check, made payable to "Treasurer, State of Maine," in the amount of $100.00.C. Consideration of Application. The following shall govern consideration by the Bureau of initial and renewal applications: 1. Pursuant to 9-A M.R.S.A. § 10 - 201, the administrator may refuse an initial or renewal application if it contains erroneous or incomplete information. A person who engages or continues in the business of a credit services organization after notification of such refusal is in violation of 9-A M.R.S.A. §10 - 201, and is subject to the remedies and penalties set forth in 9-A M.R.S.A. §10 - 401. Notice of such refusal shall be deemed received by the credit services organization on the 3rd calendar day after mailing by regular mail to the address provided on the application.2. Any applicant for registration or re-registration who voluntarily withdraws a submitted application shall forfeit the registration or re-registration fee.3. Any applicant who, after notification of refusal by the administrator of an application due to incomplete or erroneous information, fails within 90 days of such notification to complete or correct the information, shall forfeit the registration, or re-registration fee..D. Forms. Forms provided by the Bureau shall be used for1. initial application for registration, and initial bonding; and2. application for re-registration, and bond confirmation.02-030 C.M.R. ch. 350, § 3