Section 301.114 - Service agent required to obtain license, form, qualifications, fee1. No person shall carry on or conduct a business, the purpose of which is to act as an agent for a fee in obtaining a certificate of ownership of a motor vehicle, unless licensed to do so by the department of revenue.2. Application for license shall be submitted by July first of each year and shall be made on the form the department prescribes, containing the name of the applicant, the address where business is to be conducted, the resident's address, if the applicant is an individual, the names and residents' addresses of the partners of the applicant, if a partnership, the names and residents' addresses of the principal officers of the applicant and the state of its incorporation, if a corporation. The application shall be verified by the oath or affirmation of the applicant, or if the applicant is a partnership or a corporation, by a partner or officer of the applicant and shall be accompanied by a fee of fifty dollars.3. The department shall file each application received by it with the required fee, and when satisfied that the applicant, if an individual, or each of the partners or principal officers of the applicant, if a partnership or a corporation, is of good moral character and that the applicant, so far as can be ascertained, has complied and will comply with the laws of this state relating to certificates of title of vehicles, shall issue to the applicant a license to carry on and conduct business at the address specified in the application until July first next following the date on which the license is issued.