Sec. 381.2. License fees for life settlement brokers  


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  • (a) The application for a license as a life settlement broker shall be made on such forms and supplements as prescribed by the superintendent and shall be accompanied by a non-refundable fee for each individual applicant and for each proposed sub-licensee of $40 for each year or fraction of a year in which a license shall be valid.
    (b) The application for the biennial renewal of a life settlement broker license shall be made on such forms and supplements as prescribed by the superintendent and shall be accompanied by a non-refundable fee for each individual applicant and for each proposed sub-licensee of $40 for each year or fraction of a year in which a license shall be valid.