CALIFORNIA STATUTES AND CODES
SECTIONS 7511
BUSINESS AND PROFESSIONS CODE
SECTION 7511
7511. Effective July 1, 1998, the bureau shall establish and assess
fees and penalties for licensure and registration as displayed in
this section. The fees prescribed by this chapter are as follows:
(a) The application fee for an original repossession agency
license may not exceed eight hundred twenty-five dollars ($825).
(b) The application fee for an original qualification certificate
may not exceed three hundred twenty-five dollars ($325).
(c) The renewal fee for a repossession agency license may not
exceed seven hundred fifteen dollars ($715) biennially.
(d) The renewal fee for a license as a qualified certificate
holder may not exceed four hundred fifty dollars ($450) biennially.
(e) Notwithstanding Section 163.5, the reinstatement fee for a
repossession agency license required pursuant to Sections 7503.11 and
7505.3 is the amount equal to the renewal fee plus a penalty of 50
percent thereof.
(f) Notwithstanding Section 163.5, the reinstatement fee for a
license as a qualified certificate holder required pursuant to
Sections 7504.7 and 7503.11 is the amount equal to the renewal fee
plus a penalty of 50 percent thereof.
(g) A fee for reexamination of an applicant for a qualified
manager may not exceed thirty dollars ($30).
(h) An initial registrant registration fee may not exceed
seventy-five dollars ($75), a registrant reregistration fee may not
exceed thirty dollars ($30), and a registrant biennial renewal fee
may not exceed sixty dollars ($60) per registration. Notwithstanding
Section 163.5 and this subdivision, the reregistration fee for a
registrant whose registration expired more than one year prior to the
filing of the application for reregistration may not exceed
seventy-five dollars ($75).
(i) The delinquency fee is 50 percent of the renewal fee in effect
on the date of expiration, but not less than twenty-five dollars
($25).
(j) The fingerprint processing fee is that amount charged the
bureau by the Department of Justice.
(k) The director shall furnish one copy of any issue or edition of
the licensing law and rules and regulations to any applicant or
licensee without charge. The director shall charge and collect a fee
not to exceed ten dollars ($10) plus sales tax for each additional
copy which may be furnished on request to any applicant or licensee,
and for each copy furnished on request to any other person.
(l) The processing fee for the assignment of a repossession agency
license pursuant to Section 7503.9 may not exceed one hundred
twenty-five dollars ($125).
This section shall become operative July 1, 1998, except that the
changes to this section enacted during the first year of the
1999-2000 Regular Session shall become operative January 1, 2000.
Notwithstanding the operative date of this section, before, on, or
after July 1, 1998, the bureau may adopt regulations specifying the
fees authorized by this section.
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