RULE §17.22 Examination and Investigation Fees


Published: 2015

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.
(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.