The commissioner may charge the licensee an examination fee in an amount not less than Three Hundred Dollars ($300.00) nor more than Six Hundred Dollars ($600.00) for each office or location within the State of Mississippi, plus any actual expenses incurred while examining the licensee's records or books that are located outside the State of Mississippi. However, in no event shall a licensee be examined more than once in a two-year period unless for cause shown based upon consumer complaint and/or other exigent reasons as determined by the commissioner.
All expense fees paid to the commissioner shall be deposited by the commissioner in the State Treasury in a special and separate fund to be known as the "Consumer Finance Fund."
Structure Mississippi Code
Title 75 - Regulation of Trade, Commerce and Investments
Article 3 - Small Loan Regulatory Law
§ 75-67-101. Purpose of article
§ 75-67-107. Responsibility for administering provisions of Article 3
§ 75-67-109. Misleading advertising
§ 75-67-111. Licensees to keep records; requirements as to
§ 75-67-113. Access to records, etc.
§ 75-67-115. Expenses of examinations; paid by licensee
§ 75-67-119. Penalties for imposition of excessive finance charges
§ 75-67-122. Authorization for small loan licensees to charge and collect bad check charge
§ 75-67-123. Certain charges excluded from maximum allowable finance charge
§ 75-67-129. Rules and regulations
§ 75-67-131. Injunction for violation of article
§ 75-67-133. Prior obligations not impaired
§ 75-67-139. Municipal and county ordinances void if overly restrictive