Idaho § 26-2705 - Fees
Full text of Idaho Idaho Statutes § 26-2705 — Fees, with citation guidance and answers to common questions.
§ 26-2705. Fees
(1) The director shall set the fees required under this chapter at a level sufficient to cover the department’s expenses which arise due to the administration of the provisions of this chapter provided, the fees shall be set within the parameters set forth in this section.
(a) The fee for filing an application for a license shall not exceed twenty-five hundred dollars ($2,500).
(b) The fee for filing an application for approval to acquire control of a licensee shall not exceed twelve hundred and fifty dollars ($1,250).
(c) The fee for filing an application for approval for a licensee to merge with another corporation, an application for approval for a licensee to purchase all or substantially all of the business of another person, or an application for approval for a licensee to sell all or substantially all of its business or of the business of any of its offices to another licensee shall not exceed twelve hundred and fifty dollars ($1,250). If two (2) or more applications relating to the same merger, purchase, or sale are filed, the fee for filing each application shall be the quotient determined by dividing the applicable fee set by the director by the number of the applications.
(d) The annual fee for a licensee shall not exceed twenty-five hundred dollars ($2,500), payable on or before June 30 of each year.
(e) Whenever the director examines a licensee or a subsidiary of a licensee, within ten (10) days after receiving a statement from the director, the licensee shall pay a fee established by the director based on the number of examiner hours used for the examination, plus travel expenses. Examiner time shall be billed at a rate not less than twenty-five dollars ($25.00) per hour and not more than forty dollars ($40.00) per hour.
(2) A fee for filing an application with the director is nonrefundable and shall be paid at the time the application is filed with the director.
(3) A fee collected under this section shall be deposited into the finance administrative account pursuant to section 67-2702 , Idaho Code. Money in this account shall be used only for the operation of the department.
[26-2705, added 1989, ch. 252, sec. 1, p. 606.]
Frequently Asked Questions About Idaho § 26-2705
What does Idaho Statutes § 26-2705 cover?
Section 26-2705 ("Fees") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 26-2705?
A common citation format is "Idaho Statutes § 26-2705" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 26-2705 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.