Current through L. 2024, c. 62.
Section 17:11C-8 - Application, feea. (Deleted by amendment, P.L. 2009, c. 53)b. (Deleted by amendment, P.L. 2007, c. 81).c. (Deleted by amendment, P.L. 2009, c. 53)d. An applicant for a new license or for a renewal of a license to be a consumer lender or a sales finance company shall pay to the commissioner at the time of the application a nonrefundable application fee not to exceed the amounts specified in this subsection. The nonrefundable application fee is also required for each branch office license of a consumer lender or sales finance company. The nonrefundable application fee shall be:(1) For an application for one license, an application fee not to exceed $700;(2) For an application for two licenses, an application fee not to exceed $1,000.(3) (Deleted by amendment, P.L. 2009, c. 53)(4) (Deleted by amendment, P.L. 2009, c. 53)e. A licensee that seeks to add an additional license to an existing license held, which activity is regulated under the "New Jersey Consumer Finance Licensing Act," sections 1 through 49 of P.L. 1996, c. 157(C.17:11C-1 et seq.) or the "Retail Installment Sales Act of 1960," P.L. 1960, c.40 (C.17:16C-1 et seq.), shall pay an application fee not to exceed $300 per activity.f. Fee amounts shall be prescribed by the commissioner by regulation.Amended by L. 2009, c. 53,s. 44, eff. 7/31/2010, or the later date approved by the Secretary of the United States Department of Housing and Urban Development pursuant to the provisions of section 1508 of the federal "Secure and Fair Enforcement for Mortgage Licensing Act of 2008," Pub.L. 110-289 (12 U.S.C. s.5107) .Amended by L. 2007, c. 81,s. 7, eff. 5/4/2007.Amended by L. 2005, c. 199, s. 17, eff. upon the adoption of regulations pursuant to 17:1C-35 and 17:1C-46. L. 2007, c. 81,s. 29, states, "This act shall take effect immediately, but remain inoperative until July 1, 2006, and if enacted after that date, shall be retroactive to July 1, 2006; except that provisions of this act which amend the term of a license shall remain inoperative until the Commissioner of Banking and Insurance adopts regulations establishing the new license terms authorized by this act. The Commissioner of Banking and Insurance may immediately undertake action to promulgate any regulation necessary to implement the provisions of this act." .