[§466M-27] Fees; bond required. (a) The director may charge the appraisal management company reasonable fees to offset costs of operating the appraisal management company registration program established pursuant to this chapter. The following fees shall apply:
In addition, upon the issuance of a new registration and at each renewal period, each appraisal management company shall pay a special assessment fee of $300 that shall be deposited into the compliance resolution fund established pursuant to section 26-9(o). Fees assessed pursuant to this chapter shall be used to defray costs incurred by the department in implementing this chapter.
(b) Pursuant to section 26-9(l), the director shall establish other fees relating to the administration of this chapter by rule.
(c) Each appraisal management company applying for or renewing a registration shall post with the director and maintain a surety bond in the amount of $25,000 as follows: