§14708. License fee and security deposit

1.  Fees.  The Director of the Office of Professional and Occupational Regulation within the department may establish by rule fees for purposes authorized under this subchapter in amounts that are reasonable and necessary for their respective purposes, except that the fee for any one purpose may not exceed $300. Rules adopted pursuant to this subsection are routine technical rules pursuant to Title 5, chapter 375, subchapter 2-A.

[PL 2007, c. 402, Pt. KK, §17 (AMD); PL 2011, c. 286, Pt. B, §5 (REV).]

2.  Dedicated revenues.

[PL 2007, c. 402, Pt. KK, §17 (RP).]

3.  Security deposit.  Every person that engages in the business of transient sellers of consumer merchandise, including the self-employed or those who employ one or more transient sellers of consumer merchandise, shall also make a security deposit of $10,000 or of a sum equal to the anticipated yearly gross revenues in this State, whichever is less, with the department for the protection of consumers as described in section 14712. The security deposit may be made by a bond as drawn by the department and as secured by a surety approved by the department. Only one security deposit is required of each person engaged in transient sales of consumer merchandise.

[PL 2001, c. 324, §12 (NEW).]

4.  License issued.  The department shall issue to a transient seller of consumer merchandise and to employees of that transient seller a license upon receipt of a completed application with the fees as set under subsection 1 and the security deposit required by subsection 3.

[PL 2007, c. 402, Pt. KK, §17 (AMD).]

SECTION HISTORY

PL 2001, c. 324, §12 (NEW). PL 2007, c. 402, Pt. KK, §17 (AMD). PL 2011, c. 286, Pt. B, §5 (REV).