2005 Minnesota Statutes

     60A.964 Fees. 

    Subdivision 1.    Amount.  The licensing fee for a 
 viatical settlement provider license is $750 for initial 
 licensure and $250 for each annual renewal.  The fees must be 
 limited to the cost of license administration and enforcement 
 and must be deposited in the state treasury, credited to a 
 special account, and appropriated to the commissioner. 

    Subd. 2.    Automatic revocation.  A license is 
 automatically revoked for failure to pay the licensing fee 
 within the terms prescribed by the commissioner. 

    HIST: 1995 c 151 s 5; 1999 c 250 art 3 s 6