RULE §17.22 Examination and Investigation Fees

Published: 2015

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(a) Calculation of fees. A trust company shall pay
to the department a fee for examination, whether a regular or special
examination, or for an investigation in connection with an application,
calculated at a rate not to exceed $110 per examiner hour, to recoup
the salary expense of examiners plus a proportionate share of the
department's overhead allocable to the examination or investigation
function. The banking commissioner in the exercise of discretion may
lower the rate in connection with a specific examination or investigation
for equitable reasons, without the prior approval of the finance commission.