La. Admin. Code tit. 10 § XV-1307

Current through Register Vol. 50, No. 11, November 20, 2024

Section XV-1307 - Fees

A. All fees are non-refundable.

1. License Application Fee

a. Repossession Agency (which includes qualifying agent)-$1500

b. Repossession Agent-$400

c. Apprentice-$400

2. License Renewal Application Fee and Late Payment Penalty

a. Repossession Agency (which includes qualifying agent)-$1,000; Late Fee-$500

b. Repossession Agent-$300; Late Fee-$150

c. Apprentice-$300; Late Fee-$150

3. Repossession Agency Change of Control Application Fee

a. $1,000

b. Penalty for Late Notice-$500

4. Change of Designated Qualifying Agent

a. $500

b. Penalty for Late Notice-$250

5. Change of Location; Change of Name

a. $300

b. Penalty for Late Notice-$150

6. Replacement Identification Card

a. $500

b. Penalty to Repossession Agent for Failure to Return Identification Card When Employment Ceases for Any Reason-$1,000

7. Examination Fee

a. $50 per hour, per examiner

b. Penalty for Failure to Pay Examination Fee within 30 days of Billing-$500

La. Admin. Code tit. 10, § XV-1307

Promulgated by the Office of the Governor, Office of Financial Institutions, LR 30:2813 (December 2004).

AUTHORITY NOTE: Promulgated in accordance with R.S. 6:966.1(D).