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LIC-12.09 - Application and Renewal

Administrative Rules Adopted by Bureaus Pursuant to Rule Making Authority (ARB)
Policy category
Policy number
LIC-12.09

APPLICATION AND RENEWAL

Administrative Rule Adopted by Revenue Division Pursuant to Rule-Making Authority

ARB-LIC-12.09


PERMIT APPLICATION PERIOD

Payday Lenders must apply for and obtain a Payday Lender permit within 15 days of opening a new location.

PERMIT RENEWAL PERIOD

Payday Lenders will renewal their permits annually. Each permit will expire at the end of one (1) year on the last day of the month.

Each permit year shall begin on the first day of the month in which such permit was required to have been obtained. Each permit year shall expire at the end of the permit period on the initial date of application.

Example:

Your original permit was issued on September 20, 2006. You would be required to renew your permit no later than August 31, 2007.


HISTORY

Adopted by Director of Revenue Bureau as administrative rule #PL-9 on September 13, 2006.

Renumbered by Auditor's Office and filed for inclusion in PPD September 9, 2015.

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