87-2-903. Compensation, fees, and duties of agents -- penalty for late submission of license money. (1) License agents, except salaried employees of the department, must receive for all services rendered a commission of 50 cents for each transaction.
     (2) Each license agent shall submit to the department the money received from the sale of licenses, less the appropriate commission.
     (3) Each license agent shall submit to the department copies of each license sold.
     (4) The department may charge license agents appointed after March 1, 1998, an electronic license system installation fee not to exceed actual costs.
     (5) The department may designate classes of license agents and may establish a deadline for submission of license money by each class of agent. Each license agent shall keep the license account open at all reasonable hours to inspection by the department, the director, the wardens, or the legislative auditor.
     (6) For purposes of this section, the term "transaction" includes the sale of any license, permit, or certificate prescribed by the department.
     (7) If a license agent fails to submit to the department all money received from the declared sale of licenses, less the appropriate fee, by the deadline established by the department, an interest charge equal to the rate charged under 15-1-216 must be assessed. Acceptance of late payments with interest does not preclude the department from summarily revoking the appointment of a license agent under 87-2-904.
     (8) The department may adopt rules necessary to implement this section.

     History: En. Sec. 3, Ch. 88, L. 1947; amd. Sec. 1, Ch. 156, L. 1949; amd. Sec. 1, Ch. 31, L. 1959; amd. Sec. 27, Ch. 511, L. 1973; amd. Sec. 13, Ch. 417, L. 1977; amd. Sec. 9, Ch. 421, L. 1977; R.C.M. 1947, 26-222; amd. Sec. 15, Ch. 554, L. 1981; amd. Sec. 2, Ch. 534, L. 1983; amd. Sec. 17, Ch. 592, L. 1991; amd. Sec. 3, Ch. 92, L. 1993; amd. Sec. 9, Ch. 187, L. 1997; amd. Sec. 55, Ch. 427, L. 1999.