Section 642 - Collateral Recovery FeesThe fees prescribed by section 7511 of the Collateral Recovery Act are as follows:
(a) The application fee for an original repossession agency license shall be eight hundred twenty-five dollars ($825).(b) The application fee for an original qualification certificate shall be three hundred twenty-five dollars ($325).(c) The renewal fee for a repossession agency license shall be seven hundred fifteen dollars ($715) biennially.(d) The renewal fee for a license as a qualified certificate holder shall be 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 shall be thirty dollars ($30).(h) An initial registrant registration fee shall be seventy-five dollars ($75), a registrant reregistration fee shall be thirty dollars ($30), and a registrant biennial renewal fee shall be 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 shall be 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 of 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 shall be one hundred twenty-five dollars ($125).Cal. Code Regs. Tit. 16, § 642
1. New section filed 5-15-2003; operative 5-15-2003 pursuant to Government Code section 11343.4 (Register 2003, No. 20). Note: Authority cited: Section 7501.6, Business and Professions Code. Reference: Section 7511, Business and Professions Code.
1. New section filed 5-15-2003; operative 5-15-2003 pursuant to Government Code section 11343.4 (Register 2003, No. 20).