Each licensee shall pay to the commissioner with his initial application a license fee of Seven Hundred Fifty Dollars ($750.00), and annually thereafter on or before April 1 of each year, a renewal fee of Four Hundred Dollars ($400.00), plus Fifty Dollars ($50.00) for each location in excess of one (1) in Mississippi through which the licensee plans to conduct money transmissions during the license year for which the fee is paid, provided that in no event shall the annual renewal fee exceed One Thousand Dollars ($1,000.00).
Structure Mississippi Code
Title 75 - Regulation of Trade, Commerce and Investments
Chapter 15 - Mississippi Money Transmitters Act
§ 75-15-7. Exemption from license requirement
§ 75-15-9. Applications and qualifications
§ 75-15-13. Investigation; granting of license
§ 75-15-15. Annual license fee
§ 75-15-17. Agents; appointment of subagents to conduct money transmission prohibited
§ 75-15-23. Liability of licensee
§ 75-15-25. Limitation on outstanding money transmissions or checks in Mississippi
§ 75-15-27. Revocation of license; notice; hearing; appeals
§ 75-15-33. Construction of chapter
§ 75-15-35. Compliance with state and federal money laundering laws