In addition to the information required in Section 520.054, an applicant for a motor vehicle title service license that intends to engage in business as a corporation shall submit the following information:
(1) the state of incorporation;
(2) the name, address, date of birth, and social security number of each of the principal owners and directors of the corporation;
(3) information about each officer and director as required by the county tax assessor-collector to establish the business reputation and character of the applicant; and
(4) a statement indicating whether an employee, officer, or director has been refused a motor vehicle title service license or a title service runner's license or has been the holder of a license that was revoked or suspended.