Certificates of authority
Sec. 33. (a) A seller may not sell or provide prepaid services or
merchandise or a contract designed to provide a funding mechanism
to be used in conjunction with the purchase of prepaid services or
merchandise under this chapter without first obtaining a certificate
of authority from the board. However, an employee of a seller is
exempt from subsections (b) and (c).
(b) A seller who seeks a certificate of authority must submit a
statement to the board that includes the following:
(1) The seller's name and the address of the place of business.
(2) Information considered necessary by the board to show
evidence of the seller's good moral character, reputation for fair
dealing in business matters, and lack of a criminal record.
(3) The name, address, and Social Security number of each
person authorized to directly represent the seller as an agent.
(4) A statement by the seller notarized and affirmed under the
penalties for perjury that all payments required under section 27
of this chapter have been made.
(c) Upon issuance, the certificate of authority shall be posted
conspicuously in the seller's place of business.
(d) A seller holding a certificate of authority or an agent of a
seller who engages in door-to-door solicitation shall present a copy
of the certificate of authority upon entry onto the premises of a
prospective purchaser.
(e) A certificate of authority issued under this chapter expires
annually on March 1.
(f) The board may renew a certificate of authority upon receipt of
an application for renewal that includes the information listed in
subsection (b).
As added by P.L.200-1991, SEC.1. Amended by P.L.207-1993,
SEC.34; P.L.173-1996, SEC.16; P.L.195-1997, SEC.4; P.L.84-1998,
SEC.27.
Last modified: May 27, 2006