Section 31-5-8 - License fee(a) The license fee for each year shall be as follows: the fee for the license to each motor vehicle dealer shall be three hundred dollars ($300) plus a fee in like amount for each office or branch.(b) Commencing January 1, 2015, the license fee for the three-year (3) license duration shall be nine hundred dollars ($900) payable in installments of three hundred dollars ($300) per year.Amended by 2014 Pub. Laws, ch. 409, § 1, eff. 7/2/2014.Amended by 2014 Pub. Laws, ch. 356, § 1, eff. 7/2/2014.P.L. 1950, ch. 2959, art. 7, § 3; G.L. 1956, § 31-5-8; P.L. 1960, ch. 75, § 5; P.L. 1986, ch. 219, § 1; P.L. 1986, ch. 369, §1; P.L. 2010 , ch. 23, art. 9, § 3.