1. (a) Licensure fees payable by applicant only for resident agent/agency license:

   1. (1) There shall be a thirty-dollar examination fee paid to the Insurance Commissioner prior to examination of resident individuals and a thirty-dollar retake fee;
   2. (2) There shall be a thirty-five-dollar regulatory fee (ALF fee per Insurance Department Administrative and Regulatory Fees, 23 CAR pt. 22) for each issuance/annual renewal of each resident and nonresident agent and agency license; and
   3. (3) If the commissioner contracts for these services, then the amount and method of payment and due date of fees may be determined by the vendor, subject to 23 CAR pt. 22 or Arkansas Code § 23-61-401.

2. (b) Licensure fees payable by the health maintenance organization on behalf of an applicant for agent/agency license:

   1. (1) There shall be a sixty-dollar initial/annual fee amount paid to the commissioner for the initial/annual renewal appointment of an individual nonresident agent's license;
   2. (2) There shall be a sixty-dollar initial/annual fee amount paid to the commissioner for the initial/renewal appointment of a corporate, limited liability company, or partnership agency license from a nonresident;
   3. (3) There shall be a twenty-dollar initial/annual fee amount paid to the commissioner for the initial/renewal appointment of an individual resident agent's license; and
   4. (4) There shall be a twenty-dollar initial/annual fee amount paid to the commissioner for the initial/renewal appointment of a corporate, limited liability company, or partnership agency license from a resident.
3. (c) There shall be a ten-dollar fee paid to the commissioner to cancel or otherwise terminate an appointment on any resident or nonresident agent or agency license by either the agent, agency, or HMO, per appointment.
4. (d) All fees shall be remitted to the Agent License Division of the State Insurance Department and shall be payable to "The State Insurance Department Trust Fund" with a check or money order from the agent, agency, or HMO as required by and appropriate with 23 CAR pt. 22, except for payments to vendors as permitted by the commissioner.

Codification Notes: “ALF” means agent license fee. "HMO" means health maintenance organization.