J. MILLARD TAWES, Governor                      427

(c)   When a licensee shall wish to change his place of business
other than that originally set forth in his license, he shall give written
notice thereof to the Commissioner, and if the change is approved,
the Commissioner shall amend the location on the original license
accordingly.

(d)   A branch office of any principal licensee shall not be desig-
nated as an agent of such principal licensee.

217.

Every licensee shall on or before the first day of December of each
year, and in no event later than the tenth day of December, pay to
the Commissioner the sum of $100.00 as an annual license fee for the
next succeeding calendar year, and shall at the same time file with the
office of the Commissioner [the annual bond], annually, an entirely
new bond, in lieu of a continuing renewal certificate, or deposit
securities in lieu of such bond, in the amount and of the same nature
and character as heretofore required at the time of the issuance of
the initial license. Said licensee shall also pay on or before the first
day of December of each year, and in no event later than the tenth
day of December, an additional fee of $5.00 $4.00 for every agent cer-
tified by him to the Commissioner as representing the applicant in
carrying on the business provided in the applicant's license, [, provid-
ed, however, that no licensee shall be required to pay in any one year
for a license hereunder an aggregate amount of more than $500.00
for its designated place of business together with the additional fees
for said licensee's agents or subagents.] up to and including one
hundred (100) in number of such agents, and all agents designated
by any licensee in excess of one hundred (100) in number of such
agents shall be paid for by the said licensee at the rate of two dollars
and fifty cents ($2.50) per agent. PROVIDED THAT IF ANY
AGENT OR SUBAGENT OF AN APPLICANT IS EXEMPT FROM
THE PROVISIONS OF THIS SUBTITLE PURSUANT TO SEC-
TION 210 HEREOF, NO LICENSE FEE SHALL BE REQUIRED
TO BE PAID BY THE APPLICANT WITH RESPECT TO SUCH
AGENT OR SUBAGENT.

224.

(a) Every licensee shall be required to issue a duplicate check

draft, and or money order within thirty (30) days from the date

of the purchase upon the written request of the original purchaser

of such item.

(b) No licensee shall be permitted to require a lost instrument
corporate bond for any item sold in the amount less than Fifty Dollars
($50.00), provided, however, that such licensee may require the
purehaser to furnish him with a personal indemnity bond for any

item under said amount, should the licensee so desire.

225.

The Commissioner is authorised to require any licensee or any
agent licensed hereunder to set up, keep and maintain such books and
records as he may deem necessary to enable him or his designated rep-
resentative to ascertain if said licensee or said agents are operating
their sales transactions and other activities in connection with the

sale of said items in accordance with law.