Proposed rules 69U-162.003, 69U-162.004, and 69U-162.005 set forth the varying licensing or registration requirements and application forms for each company type, which are more comprehensive for licensed family trust companies than for family trust companies or foreign licensed family trust companies. Proposed rule 69U-162.009 sets forth the general application process and incorporates by reference all forms prescribed by the proposed rules. For licensed family trust companies, proposed rule 69U-162.003 requires that directors, officers, managers, and members acting in a managerial capacity or equivalent position provide criminal justice, employment, financial, disciplinary, and licensing background information by completing proposed new Form OFR-162-Bio, “Biographical Report.” Proposed rule 69U-162.006 provides the requirements and prescribes the application forms for annual renewal of a license (for licensed family trust companies) or registration (for family trust companies and foreign licensed family trust companies). Proposed rule 69U-162.010 prescribes the notification process and form for a licensed family trust company proposing to appoint, add, or employ a new director, officer, manager, or member acting in a managerial capacity or equivalent position. Proposed rule 69U-162.012 prescribes the requirements and form for the quarterly reporting of capital account information by licensed family trust companies and family trust companies. The proposed rules also identify the types of records the companies must maintain, provide that examinations will be performed in accordance with the statute, and establish the process and requirements for a licensed family trust company to discontinue its business operations.