(a) An application for a collection agency license or for a renewal of a license shall be made upon forms furnished by the department and must contain the following information:
(1) the full name and proposed business name of the applicant;
(2) the address of the applicant's principal place of business and branch offices;
(3) the names and addresses of the applicant and those associated with the applicant; if the applicant is a corporation or association, the application must contain the names of the officers of the corporation or association;
(4) the names and residential addresses of the applicant's operators;
(5) additional information that the department by regulation requires.
(b) A natural person applying for a collection agency license must be 19 years of age or older at the time of making application.
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