[§480J-36] License renewal; annual report. (a) On or before December 31 of each year, each licensee shall pay a renewal fee pursuant to section 480J-35.
(b) The annual license renewal fee shall be accompanied by a report, in a form prescribed by the commissioner, that shall include:
(c) A licensee may renew by:
(d) A licensee that has not filed an annual report deemed complete by the commissioner or paid the annual renewal fee by the renewal filing deadline, and has not been granted an extension of time to do so by the commissioner, shall have its license suspended on the renewal date. The licensee shall have thirty days after its license is suspended to file an annual report and pay the annual renewal fee, plus a late filing fee of $250 for each day that has passed since suspension; provided that the late filing fee for a nonprofit organization acting as an installment lender shall be $25 per day. The commissioner, for good cause, may grant an extension of the renewal date or reduce or suspend the late filing fees. [L 2021, c 56, pt of §2]