02-030-704 Me. Code R. § I

Current through 2024-51, December 18, 2024
Section 030-704-I - AUTHORITY

Pursuant to 10 M.R.S. §1310-A(G), the Administrator may establish, by rule, fees to apply for or renew consumer reporting agency registrations, except that the fee for an initial application may not exceed $1,200.00 and for a renewal may not exceed $1,000.00 for any registered location. Renewal applications received after the registration expiration date are subject to a late fee of $100.00.

Title 10 M.R.S. §1310-A(G) authorizes the Administrator to establish routine technical rules to move consumer reporting agency licensing to the Nationwide Multistate Licensing System (NMLS), including rules authorizing the NMLS to collect fees and remit those fees to the Bureau; authorizing collection of fees by the NMLS for its processing costs; authorizing the NMLS to process and maintain registration records; and authorizing the use of NMLS uniform forms.

Title 10 M.R.S. §1310-A(G) authorizes the Administrator to establish routine technical rules to establish fees for the initial and renewal licensing and application requirements for consumer reporting agencies.

02-030 C.M.R. ch. 704, § I