Each application must be accompanied by a non-refundable application fee in the amount of $500, plus $25 for each location in the District of Columbia. The maximum amount of application fees required for all locations shall not exceed $2,500. The application fee shall also constitute the license fee for the applicant’s first year of activities if the license is granted.
(July 18, 2000, D.C. Law 13-140, § 9, 47 DCR 3431.)
Structure District of Columbia Code
Title 26 - Banks and Other Financial Institutions
Chapter 10 - Money Transmissions
§ 26–1004. License qualifications
§ 26–1005. Permissible investments and statutory trust
§ 26–1006. License application
§ 26–1007. Bond or other security device
§ 26–1009. Issuance of license
§ 26–1010. Renewal of license and annual report
§ 26–1011. Special reporting requirements
§ 26–1012. Changes in control of a licensee
§ 26–1014. Maintenance of records
§ 26–1015. Suspension or revocation of licenses
§ 26–1016. Authorized delegate contracts
§ 26–1017. Authorized delegate conduct
§ 26–1018. Revocation or suspension of authorized delegates
§ 26–1020. Hearings and procedures
§ 26–1024. Promulgation of rules