Mo. Code Regs. Ann. tit. 12, § 40-40.050
PURPOSE: This rule requires a bond and license fee for each licensee.
Each licensee shall post a bond and license fee in an amount to be determined by the director depending upon the actual or projected licensee’s sales and payment history, credit record, or both, for each license obtained.
AUTHORITY: section 313.220, RSMo Supp. 2014, and sections 313.230(1)(i)(2) and 313.255, RSMo 2000.* Original rule filed Sept. 4, 1985, effective Sept. 14, 1985. Amended: Filed Aug. 28, 1987, effective Nov. 23, 1987. Amended: Filed July 15, 2014, effective Feb. 28, 2015.
*Original authority: 313.220, RSMo 1985, amended 1988, 1993, 1995, 2003; 313.230(1)(i)(2), RSMo 1985, amended 1988, 1990, 1993; and 313.255, RSMo 1985, amended 1988.