• DIVISION 3. PROFESSIONS AND VOCATIONS GENERALLY
    • CHAPTER 11. REPOSSESSORS
      • Article 11. Revenue
        • Section 7511


Effective July 1, 1998, the bureau shall establish and assess fees and penalties for licensure and registration as displayed in this section. The fees prescribed by this chapter are as follows: (a) The application fee for an original repossession agency license may not exceed eight hundred twenty-five dollars ($825). (b) The application fee for an original qualification certificate may not exceed three hundred twenty-five dollars ($325). (c) The renewal fee for a repossession agency license may not exceed seven hundred fifteen dollars ($715) biennially. (d) The renewal fee for a license as a qualified certificate holder may not exceed four hundred fifty dollars ($450) biennially. (e) Notwithstanding Section 163.5, the reinstatement fee for a repossession agency license required pursuant to Sections 7503.11 and 7505.3 is the amount equal to the renewal fee plus a penalty of 50 percent thereof. (f) Notwithstanding Section 163.5, the reinstatement fee for a license as a qualified certificate holder required pursuant to Sections 7504.7 and 7503.11 is the amount equal to the renewal fee plus a penalty of 50 percent thereof. (g) A fee for reexamination of an applicant for a qualified manager may not exceed thirty dollars ($30). (h) An initial registrant registration fee may not exceed seventy-five dollars ($75), a registrant reregistration fee may not exceed thirty dollars ($30), and a registrant biennial renewal fee may not exceed sixty dollars ($60) per registration. Notwithstanding Section 163.5 and this subdivision, the reregistration fee for a registrant whose registration expired more than one year prior to the filing of the application for reregistration may not exceed seventy-five dollars ($75). (i) The delinquency fee is 50 percent of the renewal fee in effect on the date of expiration, but not less than twenty-five dollars ($25). (j) The fingerprint processing fee is that amount charged the bureau by the Department of Justice. (k) The director shall furnish one copy of any issue or edition of the licensing law and rules and regulations to any applicant or licensee without charge. The director shall charge and collect a fee not to exceed ten dollars ($10) plus sales tax for each additional copy which may be furnished on request to any applicant or licensee, and for each copy furnished on request to any other person. (l) The processing fee for the assignment of a repossession agency license pursuant to Section 7503.9 may not exceed one hundred twenty-five dollars ($125). This section shall become operative July 1, 1998, except that the changes to this section enacted during the first year of the 1999-2000 Regular Session shall become operative January 1, 2000. Notwithstanding the operative date of this section, before, on, or after July 1, 1998, the bureau may adopt regulations specifying the fees authorized by this section.





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