Sec. 36a-539. (Formerly Sec. 36-257). License fee. Automatic suspension of license. Notice. Opportunity for hearing.
Sec. 36a-539. (Formerly Sec. 36-257). License fee. Automatic suspension of
license. Notice. Opportunity for hearing. (a) Each person applying to the commissioner for a sales finance company license shall pay a license fee of eight hundred dollars,
provided if such application is filed not earlier than one year before the date such license
will expire, such person shall pay a license fee of four hundred dollars. Each license
issued pursuant to sections 36a-535 to 36a-546, inclusive, shall expire at the close of
business on September thirtieth of the odd-numbered year following its issuance unless
such license is renewed, provided any license that is renewed effective July 1, 2003,
shall expire on September 30, 2005. Whenever an application for a license is filed under
this section by any person who was a licensee under sections 36a-535 to 36a-546, inclusive, and whose license expired less than sixty days prior to the date such application
was filed, such application shall be accompanied by a one-hundred-dollar processing
fee in addition to the application fee. Not more than one place of business shall be
maintained under the same license, but the commissioner may issue more than one
license to the same licensee upon receipt of an application and the payment of the appropriate license fee.
(b) If the commissioner determines that a check filed with the commissioner to pay
a fee under subsection (a) of this section has been dishonored, the commissioner shall
automatically suspend the license. The commissioner shall give the licensee notice of
the automatic suspension pending proceedings for revocation and an opportunity for a
hearing on such action in accordance with section 36a-51.
(c) No abatement of the license fee shall be made if the license is surrendered,
revoked or suspended prior to the expiration of the period for which it was issued. All
fees required by this section and section 36a-542 shall be nonrefundable.
(1949 Rev., S. 5964 (3); 1953, S. 2768d; 1959, P.A. 204, S. 1; 1967, P.A. 631, S. 2; P.A. 73-392; P.A. 88-150, S. 4;
P.A. 92-89, S. 6, 20; P.A. 94-104, S. 3; 94-122, S. 253, 340; P.A. 96-71, S. 4, 8; P.A. 02-111, S. 29; P.A. 04-69, S. 16.)
History: 1959 act increased fees by 50%; 1967 act added provision requiring applicant to pay fee for period ending
June thirtieth next succeeding the issuance of license and specifying that fee will be returned if application is denied or
withdrawn, retaining fee amounts and dates as before; P.A. 73-392 increased $150 and $75 fees previously in effect to
$200 and $100, respectively; P.A. 88-150 amended the section by providing that the license fee is nonrefundable, increasing
the fee to $200 and adding the provision re expiration of licenses on June thirtieth; P.A. 92-89 increased the license fee
from $200 to $400; P.A. 94-104 added a $100 processing fee for a person whose license expired within 60 days of his
application; P.A. 94-122 made technical changes, effective January 1, 1995; Sec. 36-257 transferred to Sec. 36a-539 in
1995; P.A. 96-71 deleted "nonrefundable" in Subsec. (a) and added Subsec. (b) to make all fees required by this section
and section 36a-542 nonrefundable, effective July 1, 1996; P.A. 02-111 amended Subsec. (a) by providing that the license
fee for "sales finance company" license is $800, provided if application is filed not earlier than one year before the expiration
date of license, fee is $400, adding provision re license that is renewed effective July 1, 2003, shall expire on September
30, 2005, and adding provision re licenses issued pursuant to Secs. 36a-535 to 36a-546, inclusive, shall expire at the close
of business on September thirtieth of the odd-numbered year following its issuance; P.A. 04-69 inserted new Subsec. (b),
requiring commissioner to automatically suspend license if commissioner determines that a check filed to pay the license
fee has been dishonored and requiring commissioner to give notice of the automatic suspension pending proceedings for
revocation and an opportunity for a hearing in accordance with Sec. 36a-51, and redesignated existing Subsec. (b) as
Subsec. (c).