286.4-440 Application and license fees.
(1) Each applicant at the time of making application shall pay two hundred fifty dollars
($250) to the commissioner as a fee for investigating the application for the initial <br>location in Kentucky, or a fee of one hundred fifty dollars ($150) for additional <br>locations, and the additional sum of four hundred dollars ($400) as an annual <br>license fee for each location for the period terminating on the last day of the current <br>calendar year. If the application is filed after June 30 in any year, the payment shall <br>be two hundred dollars ($200) as a license fee in addition to the fee for <br>investigation.
(2) If any person regulated by the department desires to purchase an existing licensed
location or locations, the person shall submit an application to the commissioner <br>containing the information as the commissioner may prescribe. The fee for this <br>application shall be one hundred dollars ($100) per location not to exceed one <br>thousand dollars ($1,000).
Effective: July 15, 2010 <br>History: Amended 2010 Ky. Acts ch. 24, sec. 659, effective July 15, 2010. -- Amended
2000 Ky. Acts ch. 157, sec. 1, effective July 14, 2000. -- Amended 1998 Ky. Acts <br>ch. 198, sec. 9, effective July 15, 1998. -- Created 1960 Ky. Acts ch. 204, sec. 4, <br>effective June 16, 1960.
Formerly codified as KRS 288.440. <br>Legislative Research Commission Note (7/12/2006). In accordance with 2006 Ky. Acts
ch. 247, secs. 38 and 39, this statute has been renumbered as a section of the <br>Kentucky Financial Services Code, KRS Chapter 286.
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