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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) A person applying for licensure under section 5-20-106(1) or (2) shall pay the following nonrefundable fees established by the administrator:
(a) Initial license fee of at least one thousand dollars;
(b) Annual renewal fee of at least one thousand dollars; and
(c) Investigation fee.
(2) The administrator shall determine the amount of the fees required in this section and may periodically reduce or increase the amount of one or more of the fees if necessary pursuant to section 24-75-402(3) and (4), to reduce the uncommitted reserves of the fund created in section 5-20-104(3). The fund is subject to the maximum reserve established in section 24-75-402.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 5. Consumer Credit Code § 5-20-107. License and investigation fees - last updated January 01, 2025 | https://codes.findlaw.com/co/title-5-consumer-credit-code/co-rev-st-sect-5-20-107/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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