Fees.

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(1) A lessor required to file a notification with the administrator under section 5-10-804 shall pay to the administrator the following fees:

  1. Fifty dollars for each address listed in section 5-10-804 (2)(c) paid at the time of thefiling of the initial notification with the administrator;

  2. Twenty-five dollars for each address listed in section 5-10-804 (2)(c) paid at the timeof the filing of each annual notification subsequently filed with the administrator.

  1. In addition to the fees required under subsection (1) of this section, if the administrator examines the books and records of the lessor, the lessor shall pay to the administrator a fee of two hundred dollars for each day required for the administrator or the administrator's representative to conduct the examination. However, the sum of all fees collected from a lessor under this subsection (2) may not exceed one thousand dollars in any calendar year.

  2. Notwithstanding the amount specified for any fee in this section, the administrator byrule or as otherwise provided by law may reduce the amount of one or more of the fees if necessary pursuant to section 24-75-402 (3), C.R.S., to reduce the uncommitted reserves of the fund to which all or any portion of one or more of the fees is credited. After the uncommitted reserves of the fund are sufficiently reduced, the administrator by rule or as otherwise provided by law may increase the amount of one or more of the fees as provided in section 24-75-402 (4), C.R.S.

Source: L. 90: Entire article added, p. 376, § 1, effective January 1, 1991. L. 98: (3) added, p. 1320, § 12, effective June 1.


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