20:04:35:05Establishing an account.

To establish an account, an application for an account must be signed by the applicant and the hub licensee shall: (1) Collect the following applicant personal identifying information: (a) Full legal name; (b) Date of birth; (c) Principal residential address; (d) Social Security number or the last four digits of the Social Security number, or a passport or taxpayer identification number for a noncitizen account holder; and (e) Government-issued identification credential or other information required by the executive secretary used to verify his or her identity and to prove the account holder is at least eighteen years of age; (2) Deny the applicant the ability to register for an account if they submit a birth date that indicates that they are under the age of eighteen; (3) Indicate the required information on the account application and the consequences of not providing the application; (4) Require the applicant to agree to the hub licensee's terms and conditions and privacy policies; (5) Obtain the applicant's acknowledgment that the applicant is prohibited from allowing any unauthorized person to access their account; (6) Obtain the applicant's consent to the monitoring and recording of the use of the applicant's account by the hub licensee and the commission; and (7) Obtain the applicant's assurance that the information on the application is accurate.

Source: 53 SDR 35, effective September 30, 2026.