2006 Louisiana Laws - RS 22:2103 — Limited licensing; fees

§2103.  Limited licensing; fees

A.  The commissioner may issue to a rental company, whether such rental company is a foreign or domestic company, that has complied with the requirements of this Part, a limited license authorizing the limited licensee and its employees to offer or sell insurance in connection with the rental of vehicles.

B.  As a prerequisite for issuance of a limited license under this Part, there shall be filed with the commissioner a written application for a limited license along with a five hundred dollar-application fee, signed by an officer of the applicant, in such form or forms, and supplements thereto, and containing such information, as the commissioner may prescribe by rule or regulation.  Every limited licensee shall, every  two years, notify the commissioner of his intention to continue its license on forms provided by the commissioner and shall submit a renewal fee of two hundred fifty dollars.  However, for a licensee who maintains twenty-five or less vehicles, the initial application fee shall be one hundred dollars and the renewal fee shall be fifty dollars.

Acts 1999, No. 1278, §1, eff. July 12, 1999.