Financial Statements: See the License\nRequirements and Fees Chart on the NMLS Resource Center for details related to\nthis Requirement.
NOTE: Financials should be dated within 90 days of your fiscal year end. Financial statements should include a balance sheet, income statement, and statement of cash flows and all relevant notes thereto. If applicant is a start-up company, only an initial statement of condition is required.
NMLS
Business Plan: Upload\na business plan outlining marketing strategy, products, target markets, and\noperating structure the applicant intends to employ.
","IsNote":null,"SubmittedVia":"NMLS
Upload in NMLS: under Business Plan in the Document Uploads section of the Company Form (MU1)
Trust Account Authorization: Upload authorization form allowing examination of trust accounts used for the purpose of holding funds belonging to others. Click here to access the Trust Account Review Authorization form.
","IsNote":null,"SubmittedVia":"NMLS
\nUpload in NMLS: under Trust Account Authorization in the Document Uploads section of the Company Form (MU1)
Credit Report: See the License\nRequirements and Fees Chart on the NMLS Resource Center for details related to\nthis Requirement.
","IsNote":null,"SubmittedVia":"NMLS
MU2 Individual FBI Criminal Background Check Requirements: See the License\nRequirements and Fees Chart on the NMLS Resource Center for details related to\nthis Requirement.
","IsNote":null,"SubmittedVia":"NMLS
Surety Bond: See the License\nRequirements and Fees Chart on the NMLS Resource Center for details related to\nthis Requirement.
Electronic Surety Bond in NMLS
","Order":null,"RequirementsCategory":null,"NMLSDocumentUploadType":null,"PostApplicationTaskGenerated":null,"LicenseItemType":null,"AdditionalTaskInfo":null,"ModifiedBy":"Shadaria Kemp - Concentrix (skemp@csbs.org)","Modified":"2023-05-23T17:08:34.17","Version":3,"ChangeType":"MOD"},{"LicenseTypeID":1354,"LicenseRequirementID":5914,"RequirementText":"Good Standing Certificate: Upload a\nState-issued and approved document (typically by the Secretary of State’s office),dated not more than 60days prior to the filing of the application through NMLS that demonstrates authorization to do business in the applicant’s state of formation AND Wyoming.
\n\n
This document should be named[[State prefix]Certificate of Authority OR [State prefix]Certificate of Good Standing].
","IsNote":null,"SubmittedVia":"NMLS
Upload in NMLS: under the Document Type Certificate\nof Authority/Good Standing Certificate in the Document Uploads section of the Company Form (MU1).
Formation Documents: Determine classification of applicant’s legal status and submit a State certified copy of the requested applicable documentation\ndetailed below. Original formation documents and all subsequent amendments,there to including a list of any name changes.
\n\n
Sole Proprietor
\n\n· \nNone
\n\nUnincorporated Association:
\n\n· \nBy-Laws or constitution(including all amendments).
\n\nGeneral Partnership:
\n\n· \nPartnership Agreement(including all\namendments).
\n\nLimited Liability Partnership:
\n\n· \nCertificate of Limited Liability Partnership;and
\n\n· \nPartnership Agreement(including all\namendments).
\n\nLimited Partnership:
\n\n· \nCertificate of Limited Partnership;and
\n\n· \nPartnership Agreement(including all\namendments).
\n\nLimited Liability Limited Partnership:
\n\n· \nCertificate of Limited Liability Limited Partnership;and
\n\n· \nPartnership Agreement(including all\namendments).
\n\nLimited Liability Company(“LLC”):
\n\n· \nArticles of Organization(including all\namendments);
\n\n· \nOperating Agreement(including all\namendments);
\n\n· \nIRS\nForm 2553 or IRS Form8832 if\nS-corp treatment elected;and
\n\n· \nLLC\nresolution if authority not in\noperating agreement.
\n\nCorporation:
\n\n· \nArticles of Incorporation(including all\namendments);
\n\n· \nBy-laws(includin gall amendments),if\napplicable;
\n\n· \nShareholder Agreement(including all amendments),if\napplicable;
\n\n· \nIRS\nForm 2553if S-corp treatment elected;and
\n\n· \nCorporate resolution if authority to complete application\nnot in By- Laws or Shareholder Agreement,as amended,as\napplicable.
\n\nNot for\nProfit Corporation
\n\n· \nDocuments\nrequested of a Corporation;and
\n\n· \nProof\nof nonprofit status
o Internal Revenue Service(“IRS”) 501(c)(3)\ndesignationletter;or
o statement from a\nState taxing body or the State attorney general certifying that:(i) the entity is a nonprofit organization operating within the State;and (ii) no part of the entity’s net earnings may lawfully benefit any private shareholder or individual;or
o entity'sc ertificate of incorporation or similar document if it clearly establishes the nonprofit status of the applicant; or
o Any of the three preceding items described,if that item applies to a State or national parent organization,together with a\nstatement by the State or parent organization that the applicant is a\nlocal nonprofit affiliate.
\n\n","IsNote":null,"SubmittedVia":"NMLS
Upload in\nNMLS: under Formation Document” in the Document Uploads section of the Company\nForm (MU1). This document should be\nnamed Formation Documentation [Date of\nCreation (MM-DD-YYYY)].
Management Chart: Submit a Management chart displaying the licensee’s\ndirectors,officers,and managers(individual name and title). Must also identify compliance reporting and internal audit structure.
\n\n
This document should be named[Company Legal Name]Management Chart.
\n\n
Note:If the existing uploaded management chart already includes the above information,an additional document does not need to beuploaded.Acompany\nshould only upload a single management chart.
","IsNote":null,"SubmittedVia":"NMLS
Upload in NMLS: under Management Chart in the Document Uploads section of the Company Form (MU1).
Organizational Chart/Description: Submit a chart showing (or a description which includes) the percentage of ownership of:
This document should be named [Company Legal Name] Organizational Chart.
Note: If the existing uploaded organizational chart already includes the above information, an additional document does not need to be uploaded. A company should only upload a single organizational chart.
","IsNote":null,"SubmittedVia":"NMLS
Upload in NMLS: under Organizational Chart/Description in the Document Uploads section of the Company Form (MU1).