US Lawyer Database

§ 45-18-107. Supervision Fee — Financial Statements

Each application for a license shall be accompanied by: A nonrefundable supervision fee, as provided in § 45-1-118(i). The supervision fee shall be applicable to each location; and Financial statements for the immediately preceding fiscal year end prepared in accordance with generally accepted accounting principles by a certified public accountant or public accounting firm.

§ 45-18-108. Issuance of License

Upon the filing of a properly completed application, accompanied by the nonrefundable supervision fee, as provided in § 45-1-118(i), and other required documents, the department shall investigate to ascertain whether the qualifications and requirements prescribed by this chapter have been met. If the department finds the applicant meets the qualifications and requirements, the department shall […]

§ 45-18-109. License Renewal

Licenses issued pursuant to this chapter expire on December 31. A license may be renewed for the ensuing twelve-month period upon application by the license holder showing continued compliance with the qualifications for a license, filing of the completed renewal form, and payment of the nonrefundable supervision fee, as provided in § 45-1-118(i). A licensee […]

§ 45-17-116. Consent Orders

The commissioner may enter into consent orders at any time with any person to resolve any matter arising under this chapter. A consent order shall be signed by the person to whom it is issued, or a duly authorized representative, and shall indicate agreement to the terms contained therein. A consent order need not constitute […]

§ 45-17-117. Written Complaint — Investigation — Subpoenas

Any person aggrieved by the conduct of a licensee under this chapter in connection with the licensee’s regulated activities may file a written complaint with the commissioner who may investigate the complaint. In the course of the investigation of the complaint, the commissioner may: Subpoena witnesses; Administer oaths; Examine any individual under oath; and Compel […]

§ 45-17-118. Construction With Other Statutes

The business of deferred presentment services conducted in accordance with this chapter shall not be subject to or controlled by any other statute governing the imposition of interest, fees or loan charges, including but not limited to, § 47-14-104. A licensee shall not have the powers enumerated in this chapter without first complying with the […]

§ 45-17-119. Annual Reports

Each licensee shall file an annual report with the commissioner between November 1 and December 31 of each year, containing the following information: The names and addresses of persons owning controlling interest in each licensee; The location of all places of business operated by the licensee and the nature of the business conducted at each […]