(a)

1. (1) All fees collected under Arkansas Code § 27-50-1201 et seq., shall be made payable to the Arkansas Towing and Recovery Board.
2. (2) Said fees shall be deposited in the general operating fund of the board.

(d)

1. (1) Each application for a tow vehicle safety permit shall be accompanied by a fee of seventy-two dollars ($72.00) for each light-duty tow vehicle or each medium-duty rollback or medium-duty tow vehicle or heavy-duty tow vehicle.
2. (2) Tow vehicle safety permit fees may be prorated to correspond with the expiration date of a current tow business license.

(e)

1. (1) Lost or destroyed tow vehicle safety permits shall require the purchase of replacement permits at a permit fee set by the board.
2. (2) Once a towing business license, registration, endorsement, enhancement, or permit has been issued the fee is nonrefundable.

(f)

1. (1) The initial towing business license issued to a towing/storage/vehicle immobilization company shall expire one (1) year from the month of issuance, and annually thereafter, until such time as the business ceases to operate or changes ownership.
2. (2) Licenses are not transferable from one (1) business to another or from one (1) owner to another.

(g)

1. (1) The initial tow vehicle safety permit issued to a towing business for a designated tow vehicle shall expire one (1) year from the month in which it was issued.
2. (2) Tow vehicle safety permits are not transferable from one (1) tow vehicle to another or from one (1) owner of the tow vehicle to another.

(h)

1. (1)

   1. (A) The Director of the Arkansas Towing and Recovery Board shall send a renewal notice to each holder of a license, registration, permit, endorsement, or enhancement at least thirty (30) calendar days prior to expiration.
   2. (B) Any renewal application that is not complete under this part and received later than 4:30 p.m. on the date of expiration is subject to a fee for late filing in addition to the original filing fee.
   3. (C) A completed, timely application for renewal received by the board defers the expiration of the existing license, registration, permit, endorsement, or enhancement pending review of the application by the board’s staff.
   4. (D) If the application is found to be sufficient it is not subject to a fee for late renewal application filing.

2. (2) An application reviewed after expiration of the license, registration, permit, endorsement, or enhancement and found to be insufficient is subject to the fee for late renewal application filing, effective upon notice of the review, and:

   1. (A) The business will be notified in writing of any insufficiency or insufficiencies; and
   2. (B) The penalty as provided in 27 CAR § 170-104(c) will be assessed from the date of notice of the insufficiency or insufficiencies to the date a complete application is received by the board.