Financial Code - FIN - FIN § 2038

Summary

Fees shall be paid to, and collected by, the commissioner, as follows: (a) The fee for filing an application for a license is five thousand dollars ($5,000), as provided in subdivision (a) of Section 2032. (b) The fee for filing an application for approval to acquire control of a

Text

Fees shall be paid to, and collected by, the commissioner, as follows:
(a)
The fee for filing an application for a license is five thousand dollars ($5,000), as provided in subdivision (a) of Section 2032.
(b)
The fee for filing an application for approval to acquire control of a licensee is three thousand five hundred dollars ($3,500).
(c)
A licensee shall pay annually on or before July 1, a licensee fee of two thousand five hundred dollars ($2,500).
(d)
A licensee shall pay annually on or before July 1, one hundred twenty-five dollars ($125) for each licensee branch office in this state.
(e)
A licensee shall pay annually on or before July 1, twenty-five dollars ($25) for each agent branch office in this state.
(f)
Whenever the commissioner examines a licensee or any agent of a licensee, the licensee shall pay, within 10 days after receipt of a statement from the commissioner, a fee for the examination, as determined by the commissioner. In determining the fee, the commissioner may use the estimated average hourly cost, including, but not limited to, overhead, for all persons performing the examination, plus, if it is necessary for any examiner engaged in the examination to travel outside this state, the travel expenses of the examiner.
(g)
Whenever the commissioner examines an applicant, the applicant shall pay, within 10 days after receipt of a statement from the commissioner, a fee for the examination, as determined by the commissioner. In determining the fee, the commissioner may use the estimated average hourly cost, including, but not limited to, overhead, for all persons performing the examination, plus, if it is necessary for any examiner engaged in the examination to travel outside this state, the travel expenses of the examiner.
(h)
Each fee for filing an application shall be paid at the time the application is filed with the commissioner. No fee for filing an application shall be refundable, regardless of whether the application is approved, denied, or withdrawn.

Retrieval chunks

• #1 | Financial Code - FIN - FIN § 2038

  Fees shall be paid to, and collected by, the commissioner, as follows: (a) The fee for filing an application for a license is five thousand dollars ($5,000), as provided in subdivision (a) of Section 2032. (b) The fee for filing an application for approval to acquire control of a licensee is three thousand five hu…