7-1-402. Time for payment of fees -- Schedule of additional fees -- Revocation of
permit or license for failure to pay fees.
(1) All financial institutions or other persons under the jurisdiction of the department shall
pay to the commissioner for the fiscal year beginning July 1, 1987, and annually thereafter, the
fees, charges, and assessments for the costs of supervision, examination, and administration of the
department and for processing all applications and notices as required under this title.
(2) All per diem and other examination fees shall be paid promptly upon order of the
commissioner after completion of an examination. All other fees, unless otherwise provided,
shall be assessed on July 1 and shall be payable to the commissioner on or before July 15.
(3) Any financial institution or other person subject to the jurisdiction of the department
as of July 1 of each year shall pay the total fee for the fiscal year of July 1 through June 30.
(4) The commissioner may adopt a schedule of fees in addition to those provided in this
section that may be assessed for services rendered by the department. These fees shall be
reasonable and fair and shall reflect the cost of the services provided.
(5) The fees and assessments established in this section shall be in addition to any other
fee or tax imposed by law.
(6) The commissioner may revoke the license or permit of any institution under the
jurisdiction of the department for failure to pay the fees, charges, or assessments as provided in
this title.
Amended by Chapter 133, 1991 General Session
Download Code Section Zipped WordPerfect 07_01_040200.ZIP 2,245 Bytes
Sections in this Chapter|Chapters in this Title|All Titles|Legislative Home Page
Last revised: Thursday, May 28, 2009