The director shall charge and collect the following fees:

A. an original license fee for a collection agency or branch thereof, of five hundred dollars ($500);

B. a renewal fee for a collection agency or branch thereof, of three hundred dollars ($300);

C. a duplicate license fee of fifteen dollars ($15.00);

D. a temporary license fee of thirty-five dollars ($35.00);

E. a delinquency fee of ten dollars ($10.00) per day for each day of delinquency in filing applications for renewals;

F. a manager's license examination fee of one hundred dollars ($100);

G. a manager's license renewal fee of fifty dollars ($50.00);

H. a fee of five dollars ($5.00) for each copy of any issue or edition of the Collection Agency Regulatory Act [61-18A-1 NMSA 1978] and rules and regulations;

I. a fee of five dollars ($5.00) for each list of licensees in good standing;

J. a fee of two hundred dollars ($200) per day or fraction thereof for each examiner of the financial institutions division of the regulation and licensing department engaged in an examination or investigation of a licensee, not to exceed five examiner-days per calendar year. If the examination or investigation is an out-of-state examination or investigation, the licensee shall reimburse the financial institutions division the actual travel costs incurred to perform the examination or investigation; and

K. an original license fee or renewal license fee for a repossessor of two hundred fifty dollars ($250).

History: Laws 1987, ch. 252, § 30; 1993, ch. 213, § 3.

The 1993 amendment, effective June 18, 1993, substituted "five hundred dollars ($500)" for "two hundred dollars ($200)" in Subsection A, "three hundred dollars ($300)" for "two hundred dollars ($200)" in Subsection B, "one hundred dollars ($100)" for "fifty dollars ($50.00)" in Subsection F, and "fifty dollars ($50.00)" for "thirty-five dollars ($35.00)" in Subsection G; deleted former Subsections J and K, providing for a solicitor's certificate fee of $7.50, and a fee of $100 for examination of a licensee's books, accounts, files and records; inserted present Subsection J; redesignated former Subsection L as present Subsection K; and substituted "two hundred fifty dollars ($250)" for "one hundred fifty dollars ($150)" in Subsection K.