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SEC. 42B-7.   REVIEW AND ACCEPTANCE OF REGISTRATION APPLICATION.
   (a)   An application will not be processed until the annual registration fee required by Section 42B-5 has been paid.
   (b)   The director shall review an application within 10 business days of receipt to determine completeness.
   (c)   If the director finds that the applicant has failed to submit a complete application or that any of the information on the application is materially incorrect or misleading, the director shall promptly notify the applicant by United States or electronic mail that the application is defective or incomplete and the director shall list the defects and missing items.
   (d)   An application shall expire and be void ab initio if by the 10th business day after the applicant is notified that the application is defective or incomplete, the applicant fails to provide documents or other information necessary to comply with the requirements of this chapter.
   (e)   If the director finds that the applicant submitted a complete application and all criteria have been met, the director shall promptly notify the applicant that the application has been received and found to be complete. (Ord. 32473)