What must be included in an application for a corporation?

The requirement that the name of each officer or qualifying agent who meets specified qualifications be included in an application for a corporation is crucial because it ensures that the regulatory authorities have clear records of who holds positions of responsibility within the corporation. This information is vital for accountability and regulatory compliance, as it allows for the vetting of individuals in significant roles to ensure they meet legal and professional standards necessary for operating a corporation, especially in sectors that require stringent oversight such as security. By providing this detail, the application helps establish transparency and adherence to legal requirements in corporate governance.

In contrast, while the name of the business and its motto, financial status, or resumes may provide useful information, they are not as fundamental as having the names of the officers or qualifying agents. This is because the focus of regulatory bodies is to ensure that capable and eligible individuals are in charge of managing the operations of the corporation.