Section 17:11C-8 - Application, fee.

NJ Rev Stat § 17:11C-8 (2019) (N/A)
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17:11C-8 Application, fee.

8. a. (Deleted by amendment, P.L.2009, c.53)

b. (Deleted by amendment, P.L.2007, c.81).

c. (Deleted by amendment, P.L.2009, c.53)

d. An applicant for a new license or for a renewal of a license to be a consumer lender or a sales finance company shall pay to the commissioner at the time of the application a nonrefundable application fee not to exceed the amounts specified in this subsection. The nonrefundable application fee is also required for each branch office license of a consumer lender or sales finance company. The nonrefundable application fee shall be:

(1) For an application for one license, an application fee not to exceed $700;

(2) For an application for two licenses, an application fee not to exceed $1,000.

(3) (Deleted by amendment, P.L.2009, c.53)

(4) (Deleted by amendment, P.L.2009, c.53)

e. A licensee that seeks to add an additional license to an existing license held, which activity is regulated under the "New Jersey Consumer Finance Licensing Act," sections 1 through 49 of P.L.1996, c.157 (C.17:11C-1 et seq.) or the "Retail Installment Sales Act of 1960," P.L.1960, c.40 (C.17:16C-1 et seq.), shall pay an application fee not to exceed $300 per activity.

f. Fee amounts shall be prescribed by the commissioner by regulation.

L.1996, c.157, s.8; amended 2005, c.199, s.17; 2007, c.81, s.7; 2009, c.53, s.44.