Notice of Change in Executive Officer

The notice of change in executive officer required by O.C.G.A. § 7-1-687(e) shall be timely furnished to the Department through the Nationwide Multistate Licensing System and Registry ("NMLSR"). Supporting documentation for the notice demonstrating whether the executive officer meets the requirements of O.C.G.A. §§ 7-1-684 and 7-1-687 shall be submitted via NMLSR within thirty (30) days of the effective date of the change in executive officer. Such documentation shall include, but is not limited to, a background check, credit history, responses to disclosure questions, and additional information that may be requested by the Department. If the notice is not disapproved by the Department within ninety (90) days after the date on which the supporting documentation was determined to be complete, the notice is deemed approved.

Authority: O.C.G.A. §§ 7-1-61 , 7-1-690 . History. Original Rule entitled "Notice of Change in Executive Officer" adopted.

F. July 7, 2022; eff.

July 27, 2022.