Ga. Comp. R. & Regs. R. 80-12-12-.02 - Application, Examination, and Other Fees

(1) The Department establishes the following fees related to the regulation of MALPBs, their holding companies, their affiliates, and their subsidiaries:

(a) An application fee of $50,000 will be remitted to the Department at the time of delivery of the MALPB application.

(b) In addition to any fees imposed by third-party experts acting as special examiners, an MALPB, its holding company, affiliates, or subsidiaries shall pay an examination fee to the Department at the rate of $100 per examiner hour.

(c) A holding company of an MALPB shall pay on or before January 31 of each year an annual registration fee of $5,000.

(d) A holding company of an MALPB shall pay on or before January 31 of each year an additional $1,000 for each non-MALPB subsidiary of the holding company but, in no event, shall this annual fee exceed $20,000.

(e) An MALPB shall pay on or before January 31 of each year an annual supervision fee of $10,000.

(f) An MALPB seeking approval for additional physical locations pursuant to Rule 80-12-6-.02 shall pay an investigation fee of $1,250 for each additional proposed location it seeks to have approved.

(g) An MALPB seeking approval for the creation of a separate subsidiary pursuant to Rule 80-12-9-.02 shall pay an investigative fee of $1,000 to the Department.

(h) An application seeking approval of the acquisition of an MALPB pursuant to Rules 80-12-10-.02 or 80-12-11-.03 shall pay an investigative fee of $10,000 to the Department.

(2) All fees paid to the Department are nonrefundable.

Notes

Ga. Comp. R. & Regs. R. 80-12-12-.02

O.C.G.A. §§ 7-9-3, 7-9-4, 7-9-6, 7-9-13.

Original Rule entitled "Application, Examination, and Other Fees" adopted. F. Dec. 3, 2013; eff. Dec. 23, 2013.