[§443B-4.58]  Biennial renewal requirement. 
(a)  Each collection agency shall renew its registration by June 30 of each
even-numbered year.



(b)  When renewing its registration, an agency
shall submit to the director the following:



(1)  An application on a form prescribed by the
director;



(2)  Satisfactory evidence that the collection agency
is bonded as required by section 443B-5;



(3)  A certificate of good standing or a certificate
of authority issued by the business registration division, if the applicant is
a corporation, partnership, or joint venture;



(4)  The name and business address of the applicant's
principal collector who is authorized to directly manage and control the daily
operations of the applicant's Hawaii office; and



(5)  A renewal fee in the amount specified by rule.



(c)  Failure on the part of a collection agency
to renew its registration as provided in subsection (a) shall cause the
registration to be forfeited; provided that the director may make an exception
for good cause shown. [L 1990, c 246, pt of §1]