(a) In addition to the information required under Subtitle 1 of this title, each application for a license shall include:

(1) The address of the principal place of business of the applicant;

(2) The address of each place from which the applicant will make substantial contacts with dealers in this State; and

(3) The nature of the business to be conducted at each address.

(b) Each applicant for a license shall submit as part of the application:

(1) A copy of each form of any new vehicle warranty currently given or offered by the applicant;

(2) A copy of each form of franchise and any other contract with dealers used by the applicant, together with a list of dealers in this State who hold a franchise from the applicant;

(3) A copy of the vehicle preparation and delivery obligations of its dealers; and

(4) A statement of the compensation the applicant agrees to pay a dealer for parts supplied and work done by the dealer under:

(i) The preparation and delivery obligations referred to in item (3) of this subsection; or

(ii) Any outstanding express or implied new vehicle warranty.