<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".22" citation="COMAR 09.03.06.22" title_num="09" subtitle_num="03" chapter_num="06" heading="Fees.">
  <paragraph num="A.">
    <text>Application Investigation Fee. The nonrefundable investigation fee required by Financial Institutions Article, §11-507(b)(1), Annotated Code of Maryland, is $1.</text>
  </paragraph>
  <paragraph num="B.">
    <text>Initial License Fee.</text>
    <paragraph num="(1)">
      <text>The license fee required by Financial Institutions Article, §11-507(b)(2), Annotated Code of Maryland, is $1,000 for a 1-year license term.</text>
    </paragraph>
    <paragraph num="(2)">
      <text>In addition to the initial license fee set forth in §B(1) of this regulation, an applicant for a license shall pay to NMLS the license application processing fee and any other fees that NMLS imposes in connection with the application.</text>
    </paragraph>
  </paragraph>
  <paragraph num="C.">
    <text>Renewal Fee.</text>
    <paragraph num="(1)">
      <text>The renewal fee required by Financial Institutions Article, §11-511(b)(2), Annotated Code of Maryland, is $1,000 for a 1-year renewal term.</text>
    </paragraph>
    <paragraph num="(2)">
      <text>In addition to the renewal fee set forth in §C(1) of this regulation, an applicant for a renewal shall pay to NMLS the renewal application processing fee and any other fees that NMLS imposes in connection with the application.</text>
    </paragraph>
  </paragraph>
  <paragraph num="D.">
    <text>Examination and Investigation Fee. A licensee shall pay all reasonable costs, including the actual cost per day for each of the Commissioner’s employees engaged in examinations or investigations performed by the Commissioner as authorized by Financial Institutions Article, §11-515(c), Annotated Code of Maryland.</text>
  </paragraph>
</regulation>