ARTICLE 7
FEES, TAXES AND DEPOSITS
PART I. FEES
§431:7-101 Fees. (a) The commissioner shall collect, in advance, the following fees:
(b) The fees for services of the department of commerce and consumer affairs subsequent to the issuance of a certificate of authority, license, registration, or other certificate are as follows:
The services referred to in paragraphs (1) to (25) shall not include services in connection with examinations, investigations, hearings, appeals, and deposits with a depository other than the department of commerce and consumer affairs.
(c) The commissioner shall notify the holder of a certificate of authority issued under article 3 by written notice at least thirty days prior to the extension date of the certificate of authority or other certificate. The annual fee for all services shall be due and payable by electronic payment via the National Association of Insurance Commissioners' Online Premium Tax for Insurance or an equivalent service approved by the commissioner. If the fee is not paid before or on the extension date, the fee shall be increased by a penalty in the amount of fifty per cent of the fee. The commissioner shall provide notice in writing of the delinquency of extension and the imposition of the authorized penalty. If the fee and the penalty are not paid within thirty days immediately following the date of notice of delinquency, the commissioner may revoke, suspend, or inactivate the certificate of authority or other certificate, and may not reissue, remove the suspension of, or reactivate the certificate of authority or other certificate until the fee and penalty have been paid.
(d) The commissioner shall notify licensees and registrants by written notice at least thirty days prior to the extension date of the license or registration. If the fee is not paid before or on the renewal date for a license or registration, the fee shall be increased by a penalty in the amount of double the unpaid renewal fee.
(e) Failure to pay the fee before or on the renewal or extension date for a license, registration, or other certificate shall cause the automatic inactivation of the license, registration, or other certificate.
(f) All fees and penalties are nonrefundable and shall be deposited to the credit of the compliance resolution fund. [L 1987, c 347, pt of §2; am L 1993, c 205, §11; am L 1997, c 234, §1; am L 1999, c 163, §3; am L 2000, c 221, §4 and c 288, §5; am L 2001, c 128, §1; am L 2002, c 39, §11, c 155, §12, and c 237, §2; am L 2004, c 122, §24; am L 2007, c 214, §1; am L 2008, c 177, §§2, 7; am L 2009, c 11, §18 and c 77, §§15, 20; am L 2010, c 59, §§4, 5, 7(3); am L 2011, c 81, §4 and c 186, §8; am L 2012, c 256, §2; am L 2015, c 63, §6; am L 2017, c 152, §5; am L 2019, c 72, §2; am L 2021, c 111, §1]