31-1-711. Annual examinations -- fee. (1) The department shall conduct annually an examination of each licensee's deferred deposit lending operation to ensure that the licensee is in compliance with the provisions of this part.
(2) A licensee shall pay the department a fee in the amount of $300 a day for each examiner required to conduct an annual examination.
(3) A licensee shall make available to a department examiner the information required under 31-1-714 or as required by rule.
(4) Completion of an annual examination must, in the absence of the department's finding just cause to revoke or suspend a license, constitute grounds for license renewal.
History: En. Sec. 6, Ch. 404, L. 1999.