TITLE 68: PROFESSIONS AND OCCUPATIONS
CHAPTER VIII: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 1440 AUCTION LICENSE ACT
SECTION 1440.170 FEES


 

Section 1440.170  Fees

 

a)         The license application fee for an auctioneer for:

 

1)         an initial license application shall be $200;

 

A)        in addition to the initial license application fee, each initial applicant shall pay an additional $100 until January 1, 2002 for deposit into the Auction Administration Fund; and

 

B)        in addition to the initial license application fee, each initial applicant shall pay an additional $25 until January 1, 2002 for deposit into the Auction Recovery Fund;

 

2)         a renewal application shall be calculated at the rate of $225 per year; in addition to the renewal application fee, each renewal applicant shall pay an additional $25 until January 1, 2002 for deposit into the Auction Recovery Fund;

 

3)         a renewal application, in which the application with fee was postmarked after the expiration date of the license and is received by OBRE within 45 days after the expiration date, shall be the renewal fee plus a $50 penalty;

 

4)         a restoration application shall be all lapsed renewal application fees, a $50 penalty and $25 for a 45 Day Permit Sponsor Card;

 

5)         a 45 Day Permit Sponsor Card application shall be $25; and

 

6)         a duplicate license shall be $25.

 

b)         The license application fee for an associate auctioneer for:

 

1)         an initial license application shall be $100;

 

A)        in addition to the initial license application fee, each initial applicant shall pay an additional $100 until January 1, 2002 for deposit into the Auction Administration Fund; and

 

B)        in addition to the initial license application fee, each initial applicant shall pay an additional $25 until January 1, 2002 for deposit into the Auction Administration Fund;

 

2)         a renewal application shall be calculated at the rate of $125 per year; in addition to the renewal application fee, each renewal applicant shall pay an additional $25 until January 1, 2002 for deposit into the Auction Recovery Fund;

 

3)         a renewal application, in which the application with fee was postmarked after the expiration date of the license and is received by OBRE within 45 days after the expiration date, shall be the renewal fee plus a $50 penalty;

 

4)         a restoration application shall be all lapsed renewal application fees, a $50 penalty and $25 for a 45 Day Permit Sponsor Card;

 

5)         a 45 Day Permit Sponsor Card application shall be $25; and

 

6)         a duplicate license shall be $25.

 

c)         The license application fee for an auction firm for:

 

1)         an initial license application shall be $100;

 

A)        in addition to the initial license application fee, each initial applicant shall pay an additional $100 until January 1, 2002 for deposit into the Auction Recovery Fund; and

 

B)        in addition to the initial license application fee, each initial applicant shall pay an additional $25 until January 1, 2002 for deposit into the Auction Recovery Fund;

 

2)         a renewal application shall be calculated at the rate of $125 per year; in addition to the renewal application fee, each renewal applicant shall pay an additional $25 until January 1, 2002 for deposit into the Auction Recovery Fund;

 

3)         a renewal application, in which the application with fee was postmarked after the expiration date of the license and is received by OBRE within 45 days after the expiration date, shall be the renewal fee plus a $50 penalty;

 

4)         a managing auctioneer change application shall be $25; and

 

5)         a duplicate license shall be $25.

 

d)         The license application fee for an auction school for:

 

1)         an initial license application shall be $2,000;

 

A)        in addition to the initial license application fee, each initial applicant shall pay an additional $100 until January 1, 2002 for deposit into the Auction Administration Fund; and

 

B)        in addition to the initial license application fee, each initial applicant shall pay an additional $25 until January 1, 2002 for deposit into the Auction Recovery Fund;

 

2)         a renewal application shall be calculated at the rate of $1,000 per year; in addition to the renewal application fee, each renewal applicant shall pay an additional $25 until January 1, 2002 for deposit into the Auction Administration Fund;

 

3)         a renewal application, in which the application with fee was postmarked after the expiration date of the license and is received by OBRE within 45 days after the expiration date, shall be the renewal fee plus a $250 penalty; and

 

4)         a duplicate license shall be $25.

 

e)         The license application fee for an auction continuing education course, in which application for approval was not made with the initial application or the renewal application of the auction school, shall be $50 per course.  A duplicate course license shall be $25.

 

f)          The fee for copies, license certification and other services shall be the cost of preparing and providing the same, as established by policy of OBRE.