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Session Laws, 1980
Volume 739, Page 629   View pdf image
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HARRY HUGHES, Governor

629

BUSINESS, AND DATE OF APPOINTMENT OF EACH NEW AGENT
APPOINTED BY THE LICENSEE SINCE DECEMBER 1 OF THE PRECEDING
YEAR; AND

(II) THE NAME OF ANY AGENT WHOSE AGENCY
HAS BEEN CANCELED BY THE LICENSEE SINCE DECEMBER 1 OF THE
PRECEDING YEAR.

(3) WITH THIS REPORT, THE LICENSEE SHALL PAY,
FOR THE CURRENT LICENSE YEAR, THE REQUIRED AGENT FEE FOR
EACH NEW AGENT WHO IS NAMED IN THE REPORT AND FOR WHOM A FEE
IS REQUIRED UNDER SUBSECTION (B) OF THIS SECTION AND FOR
WHOM A FEE HAS NOT BEEN PAID ALREADY.

(E) DECEMBER REPORT AND PAYMENT.

(1)   ON OR BEFORE DECEMBER 10 OF EACH YEAR, EACH
LICENSEE SHALL FILE WITH THE BANK COMMISSIONER A REPORT
THAT:

(I)   IS IN THE FORM THAT THE BANK
COMMISSIONER REQUIRES; AND

(II)   IS SIGNED AND VERIFIED BY THE
LICENSEE.

(2)   THIS REPORT SHALL INCLUDE, AS OF DECEMBER 1
OF THAT YEAR:

(I)   AN ALPHABETICAL LISTING OF ALL OF THE
AGENTS OF THE LICENSEE, INCLUDING THE NAME, BUSINESS
ADDRESS, NATURE OF BUSINESS, AND DATE OF APPOINTMENT OF EACH
AGENT; AND

(II)   ANY OTHER INFORMATION THAT THE BANK
COMMISSIONER REQUIRES.

(3)   WITH THIS REPORT, THE LICENSEE SHALL PAY,
FOR THE CURRENT LICENSE YEAR, THE REQUIRED AGENT FEE FOR
EACH NEW AGENT WHO WAS APPOINTED BY THE LICENSEE SINCE JULY
1 OF THAT YEAR FOR WHOM A FEE IS REQUIRED UNDER SUBSECTION
(B) OF THIS SECTION AND FOR WHOM A FEE HAS NOT BEEN PAID
ALREADY.

(4) WITH THE APPLICATION FOR A RENEWAL LICENSE,
THE LICENSEE SHALL PAY, FOR THE RENEWAL LICENSE YEAR, THE
REQUIRED AGENT FEE FOR EACH AGENT WHO IS NAMED IN THE REPORT
FOR WHOM A FEE IS REQUIRED UNDER SUBSECTION (B) OF THIS
SECTION.

REVISOR'S NOTE: This section is new language derived
without substantive change from the third through
last sentences of Art. 11, § 212(2), the last
paragraph of § 212(3), and all but the sixth
sentence of § 217,

Throughout this section, present references to a

 

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Session Laws, 1980
Volume 739, Page 629   View pdf image
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