02-030-701 Me. Code R. § I

Current through 2024-51, December 18, 2024
Section 030-701-I - AUTHORITY

Title 32 M.R.S. §6133(4)(B) authorizes the administrator to establish, by routine technical rule, fees to apply for or to renew check casher/currency exchanger registrations, except that for any individual location the fee for an initial application may not exceed $500 and the fee for a renewal may not exceed $500. Renewal applications received after the registration expiration date are subject to a late fee of $100.

Title 32 M.R.S. §6133(3) and (4) authorize the administrator to establish routine technical rules to move check casher/currency exchanger registration to the Nationwide Multistate Licensing System (NMLS), including rules authorizing NMLS to collect fees and remit those fees to the Bureau; authorizing collection of fees by NMLS for its processing costs; authorizing NMLS to process and maintain registration records; and authorizing the use of NMLS's uniform forms.

Title 32 M.R.S. §6133(4) authorizes the administrator to establish routine technical rules to establish application requirements for check casher/currency exchangers.

02-030 C.M.R. ch. 701, § I