(a) A licensee under this article shall pay an annual renewal fee of $750 no later than December 31 in order to be licensed for the next calendar year.(b) A licensee under this article shall submit a renewal report with the renewal fee, in a form prescribed by the commissioner. The renewal report must state or contain: (1) a list of the licensee's permissible investments and a certification that the licensee continues to maintain permissible investments according to the requirements set forth in §§ 23-55-701 and 23-55-702; and(2) proof that the licensee continues to maintain an adequate surety bond as required by § 23-55-204.(c) A licensee shall comply with subsections (a) and (b) within thirty (30) days of the renewal date.(d) The commissioner for good cause may grant an extension of the renewal date.Amended by Act 2021, No. 532,§ 12, eff. 7/28/2021.Amended by Act 2021, No. 532,§ 11, eff. 7/28/2021.Amended by Act 2019, No. 111,§ 3, eff. 7/24/2019.Amended by Act 2017, No. 620,§ 2, eff. 8/1/2017.Amended by Act 2013, No. 531,§ 6, eff. 8/16/2013.Acts 2007, No. 1595, § 1; 2011, No. 733, § 6.
Arkansas Legal Code