R590-102-10. Life Settlement Provider Fees  


Latest version.
  •   (1) Annual license fees:

      (a) initial - due with application: $1,000;

      (b) renewal - due by the due date on the invoice: $300;

      (c) late renewal - due for any renewal paid after the date on the invoice: $350;

      (d) reinstatement - due with reinstatement application: $1,000.

      (2) Annual service fee - due by the due date on the invoice: $600.

      (a) The annual service fee includes the following service for which no additional fee is required: rate, form, report or service contract filing.

      (b) The annual service fee is for services that the department will provide during the year. The fee is paid in advance of providing the services.

      (3) Other fees:

      (a) e-commerce fee: see R590-102-22; and

      (b) examination costs reimbursements from examined viatical settlement providers - due by due date on the invoice: actual costs plus overhead expense.