Before either approving or rejecting the application, the State Engineer may require such additional information as will enable the State Engineer to guard the public interest properly, and may, in the case of an application proposing to divert more than 10 cubic feet per second of water, or in the case of multiple applications whose cumulative diversions for a single project total more than 10 cubic feet per second of water, require a statement of the following facts: 1. In the case of an incorporated company the State Engineer may require the submission of the articles of incorporation, and the names and places of residence of directors and officers, and the amount of its authorized and of its paid-up capital. 2. If the applicant is not an incorporated company, the State Engineer may require a statement as to the name of the person proposing to construct the work, and a showing of facts necessary to enable the State Engineer to determine whether the applicant has the financial ability to carry out the proposed work, and whether the application has been made in good faith.
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