1. Annually, on or before April 15, each licensee shall file with the Commissioner and the Nationwide Multistate Licensing System and Registry a report of operations of the licensed business for the preceding calendar year. The report must be made under oath and must be in the form and contain information prescribed by the Commissioner. If any person or affiliated group holds more than one license in the state, it may file a composite annual report.
2. The Commissioner may require a licensee to file more frequent reports as the Commissioner determines necessary.