5 Del. Admin. Code § 2701-5.0

Current through Reigster Vol. 28, No. 6, December 1, 2024

Section 2701-5.0 - Examination Fees and Supervisory Assessments

5.1 The Commissioner may examine licensees pursuant to 5 Del.C. § 122. The costs of such examinations are assessed in accordance with 5 Del.C. § 127 (a). A licensee shall remit payment not later than 30 days after the date of the examination invoice.

5.2 The Commissioner shall assess each licensee a supervisory assessment that is due and payable on August 1 each year, in accordance with 5 Del.C. § 127 (b).

5.3 Failure to remit timely payment of any examination fee or supervisory assessment will result in a penalty of 0.05 percent of the amount unpaid for each day that such fee or assessment remains unpaid after the due date, in accordance with 5 Del.C. §§ 127 (a) and 127(b).

5 Del. Admin. Code § 2701-5.0

16 DE Reg. 1286 (6/1/2013) (Final)