Effective 5/13/2014 70C-8-203 Fees -- Examinations. (1) A party required to file notification under Section 70C-8-202 shall, on or before January 31 of
each year, pay to the department an annual fee of $100. (2) In addition to filing notification, a party subject to this part, and a depository institution subject to
this title: (a) may be required to make a book or record relating to a consumer credit transaction available
to the department or its authorized representative for examination; and (b) shall pay to the department a fee to be set by the department based on an hourly rate per
each examiner. (3) No portion of a fee paid or owed to the department under this part is refundable because a
party voluntarily or involuntarily ceases to extend credit to consumers: (a) during the period covered by the fee; or (b) before the time of an examination by the department of a book or record pertaining to a
preceding consumer credit transaction.
Amended by Chapter 97, 2014 General Session