N.J. Admin. Code § 3:23-2.1 - Application fees
(a) All licensees governed by the Consumer
Finance Licensing Act,
N.J.S.A. 17:11C-1 to 50, shall be subject
to the application fees specified in
N.J.A.C. 3:17-3.2. All licensees governed by
the Residential Mortgage Lenders Act,
N.J.S.A. 17:11C-51 et seq., shall be
subject to the application fees specified in
N.J.A.C. 3:15-4.1.
(b) The following table indicates the
application fees established by the Commissioner of Banking and Insurance for
application fees other than those specified in
N.J.A.C. 3:15-4.1 and 3:17-3.2.
Licensees | Application Fee |
1. Money Transmitter | |
i. Money Transmitter (N.J.S.A. 17:15C-7a) | $ 700.00 |
ii. Foreign Money Transmitter (N.J.S.A. 17:15C-7a ) | $ 700.00 |
2. Check Casher (N.J.S.A. 17:15A-33) | $ 700.00 |
3. Retail Installment Sales | |
i. Motor Vehicle Installment Seller (N.J.S.A. 17:16C-8) | $ 300.00 |
ii. Home Financing Agency (N.J.S.A. 17:16C-82(a)) | $ 400.00 |
iii. Home Repair Contractor (N.J.S.A. 17:16C-82(b)) | $ 300.00 |
iv. Home Repair Salesman (N.J.S.A. 17:16C-82(c)) | $ 60.00 |
4. Insurance Premium Finance Company (N.J.S.A. 17:16D-4) | $ 500.00 |
5. Pawnbroker (N.J.S.A. 45:22-4) | $ 500.00 |
6. Debt Adjuster (N.J.S.A. 17:16G-1 et seq.) | $ 300.00 |
7. High Cost Home Loan Credit Counselor (N.J.S.A. 46:10B-22 et seq.) | $ 100.00 |
8. Foreclosure Consultants (N.J.S.A. 46:10B-55) (Business including Sole Proprietorship) | $ 500.00 |
9. Foreclosure Consultants (N.J.S.A. 46:10B-55) (Natural Persons) | $ 100.00 |
(c)
Application fees are nonrefundable.
Notes
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