Current as of February 19, 2021 | Updated by FindLaw Staff
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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.
Cite this article: FindLaw.com - New Jersey Statutes Title 17. Corporations and Institutions for Finance and Insurance 17 § 11C-8 - last updated February 19, 2021 | https://codes.findlaw.com/nj/title-17-corporations-and-institutions-for-finance-and-insurance/nj-st-sect-17-11c-8/
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