75-67-115 - Expenses of examinations; paid by licensee. - Mississippi Statutes

§ 75-67-115. Expenses of examinations; paid by licensee.
 

The commissioner may charge the licensee an examination fee in an amount not less than Three Hundred Dollars ($300.00) nor more than Six Hundred Dollars ($600.00) for each office or location within the State of Mississippi, plus any actual expenses incurred while examining the licensee's records or books that are located outside the State of Mississippi. However, in no event shall a licensee be examined more than once in a two-year period unless for cause shown based upon consumer complaint and/or other exigent reasons as determined by the commissioner. 
 

All expense fees paid to the commissioner shall be deposited by the commissioner in the State Treasury in a special and separate fund to be known as the "Consumer Finance Fund." 
 

Sources: Codes, 1942, § 5591-08; Laws,  1958, ch. 170, § 8; Laws, 1975, ch. 439; Laws, 1985, ch. 345, § 2; Laws, 2000, ch. 621, § 14; Laws, 2004, ch. 449, § 1, eff from and after passage (approved Apr. 28, 2004.)