(1) Each licensee shall annually file a report with the commissioner, providing information as the commissioner may require concerning the licensee's business operations during the preceding calendar year.
(2) The commissioner may require additional regular or special reports from a student education loan servicer as the commissioner may deem necessary for the proper supervision of regulated persons under this subtitle.
(3) Any report submitted under subsection (1) or (2) of this section shall be:
(a) In a form prescribed by the commissioner; and (b) Subscribed to and affirmed as true by the licensee or servicer under the penalties of perjury.