| (a) When there is an anticipated change in ownership of an insurance premium finance company, the new owner shall submit the following as applicable: (1) Supplemental Application for an insurance premium finance company license (Form PF1A); (2) List of Principals (Form PF2); (3) Premium Finance Application Questionnaire (Form PF3); (4) Biographical Affidavit (Form PF4) on all NEW individuals named on Form PF2; (5) List of Other States of Licensure (Form PF5); (6) Appointment of Statutory Agent and Consent to Service (Form PF6); (7) Sworn financial statement; (8) $200 investigation fee; (9) A copy of the contract of sale establishing refund and fee liability; (10) Certified copy of Assumed Name Certificate as on file with the County Clerk(s) and/or Secretary of State;
(11) A copy of the resolution minutes authorizing the change of ownership; (12) Current Franchise Tax Certificate of Good Standing or letter of exemption issued by the Texas Comptroller of Public Accounts; (13) Partnership agreement. (b) When there is a change in ownership of an insurance premium finance company resulting in no new owners, the following requirements may be omitted: (1) Biographical Affidavit (Form PF4) on all NEW individuals named on Form PF2; (2) $200 investigation fee.
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