(1)(a) An applicant for licensure shall pay an initial license fee of $350. The annual license renewal fee is $100. The department may direct that fees charged by the department under this section be remitted to the department through a nationwide licensing system as provided in 32-7-112.(b) The license year for an escrow business license is January 1 through December 31 and all licenses expire annually on December 31.(c) A licensee may be charged an examination fee based on the actual costs of the examination.(2) The department's portion of license fees and all examination fees must be deposited with the state treasurer to the credit of the state special revenue fund for use by the department in its licensure and examination functions under this part.Amended by Laws 2013, Ch. 216, Sec. 5, eff. 4/16/2013 (amendment to subsection (1)(b) effective 7/1/2013).En. Sec. 11, Ch. 651, L. 1989; amd. Sec. 2, Ch. 65, L. 2003.