As Amended
SEC. 73-34-45. Fees; Real Estate Appraisal License Fund.
The commission shall charge and collect appropriate fees for its services under this chapter. The fees charged shall not exceed the amounts indicated below and shall be set by the board.
LICENSURE FEES:
Application and examination................... $225.00
Initial and renewal license................... $325.00
Delinquent renewal penalty.................... 100% of renewal fee
SERVICES:
For each change of address.................... $ 25.00
For each duplicate license.................... $ 25.00
To change status as a licensee from active to
inactive.................................... $ 25.00
For each bad check received by the commission. $ 25.00
All fees charged and collected under this chapter shall be paid by the commission at least once a week, accompanied by a detailed statement thereof, to the credit of the fund known as the "Real Estate Appraisal License Fund," hereby created in the State Treasury. All monies which are collected under this chapter shall be paid into and credited to such fund for the use of the board in carrying out the provisions of this Chapter including the payment of salaries and expenses, printing an annual directory of licensees, and for educational purposes. The commission shall submit a monthly statement to the board detailing any expenses which it bears as a share in the expense of administering this chapter, for which expenses it shall be reimbursed in the amount approved by the board. The commission shall prepare an annual statement of income and expenses related to its appraisal related administrative function.
If any applicant for licensing for the examinations given under this chapter prior to January 1, 1991, prepays the examination fee prior to August 1, 1990, he shall pay a fee of One Hundred Seventy-five Dollars ($175.00) in lieu of the Two Hundred Twenty-five Dollars ($225.00) application and examination fee as stated in this section.
SOURCES: Laws, 1990, ch. 576, Sec. 23, eff from and after July 1, 1990.