(a)
- (1) Each application for a dispensary license shall include an application fee of seven thousand five hundred dollars ($7,500) in cash or certified funds.
(2) Any certified check or cashier’s check shall be:
- (A) Made payable to State of Arkansas; and
- (B) Delivered or mailed by certified mail, return receipt requested, to the address specified in the notice of open application.
- (b) In the event an applicant is not successful in his or her application, three thousand seven hundred fifty dollars ($3,750) of the initial application fee shall be refunded to the applicant.
- (c) An application is not complete and will not be considered unless the application fee is received with the application by the deadline.