32-7-110. Fees. (1) (a) An applicant for licensure shall pay an initial license fee of $350. The annual license renewal fee is $100. The department may direct that fees charged by the department under this section be remitted to the department through a nationwide licensing system as provided in 32-7-112.
(b) The license year for an escrow business license is January 1 through December 31 and all licenses expire annually on December 31.
(c) A licensee may be charged an examination fee based on the actual costs of the examination.
(2) The department's portion of license fees and all examination fees must be deposited with the state treasurer to the credit of the state special revenue fund for use by the department in its licensure and examination functions under this part.
History: En. Sec. 11, Ch. 651, L. 1989; amd. Sec. 2, Ch. 65, L. 2003; amd. Sec. 5, Ch. 216, L. 2013.
Structure Montana Code Annotated
Title 32. Financial Institutions
Part 1. Regulation of Escrow Businesses
32-7-104. Exemption or exception -- burden of proof
32-7-105. through 32-7-107 reserved
32-7-108. Department -- powers and duties
32-7-109. Application for license -- bond -- issuance
32-7-113. and 32-7-114 reserved
32-7-115. Maintenance of records
32-7-116. Statement of account
32-7-117. Deposit of funds required -- disbursement
32-7-118. through 32-7-120 reserved
32-7-121. Unauthorized business practices -- penalty
32-7-122. Investigations by department -- desist order -- injunctions or other actions
32-7-123. Subpoenas -- oaths -- examinations of witness and evidence