Section 58-9-5 - Application for certificate; fee.
58-9-5. Application for certificate; fee.
A. An application for a certificate shall be in writing, in such form as the commissioner [director of the financial institutions division of the regulation and licensing department] prescribes, verified under oath and supported by such information, data and records as the commissioner [director] may require.
B. Each application for a certificate shall be accompanied by an application fee of five hundred dollars ($500), made payable to the commissioner [director]. No portion of the application fee shall be refunded.