§ 58-22-70. Registration and renewal fees.
§ 58‑22‑70. Registration and renewal fees.
Every risk retention group andpurchasing group that registers with the Commissioner under this Article shallpay the following fees:
Riskretention group registration........................................................... $ 500.00
Purchasinggroup registration................................................................ 500.00
Riskretention group renewal................................................................ 1,500.00
Purchasinggroup renewal.................................................................... 100.00
Registration fees shall not beprorated and must be submitted with the application for registration. Renewalfees shall not be prorated and shall be paid on or before January 1 of eachyear. (1989(Reg. Sess., 1990), c. 1069, s. 12; 1995, c. 507, s. 11A(c); 1999‑435, s.3; 2009‑451, s. 21.12(a).)