- (A) All licenses issued pursuant to this article expire on December thirty-first of each year. A person licensed pursuant to this article shall pay a renewal fee of one thousand six hundred dollars on or before December first of each year.
(B) A person licensed pursuant to this article shall submit a renewal report with the renewal fee, in a form and in a medium prescribed by the Commissioner. The renewal report must state or contain a:
- (1) description of each material change in information submitted by the licensee in its original license application which has not been reported to the Commissioner on a required report; and
- (2) list of the locations in this State where the licensee or an authorized delegate of the licensee engages in currency exchange, including limited stations and mobile locations.
- (C) The Commissioner for good cause may grant an extension of the renewal date.
HISTORY: 2016 Act No. 266 (H.4554), Section 1, eff May 25, 2018; 2024 Act No. 218 (S.1031), Section 1, eff July 2, 2024.
Effect of Amendment
2024 Act No. 218, Section 1, substituted "Commissioner" for "commissioner" throughout the section; rewrote (A); deleted (C); and redesignated former (D) as (C).