Rhode Island § 19-14-4 - Licensed Activities
Full text of Rhode Island Rhode Island General Laws § 19-14-4 — Licensed Activities, with citation guidance and answers to common questions.
§ 19-14-4. Licensed Activities
R.I. Gen. Laws § 19-14-4
§ 19-14-4. Annual fee.
(a) Each licensee shall pay an annual license fee as follows:
(1) Each small-loan lender license and each branch certificate, the sum of five hundred fifty dollars ($550);
(2) Each loan-broker license and each branch certificate, the sum of five hundred fifty dollars ($550);
(3) Each lender license and each branch certificate, the sum of one thousand one hundred dollars ($1,100);
(4) Each currency transmission license, the sum of one thousand dollars ($1,000);
(5) Each check cashing license, the sum of three hundred sixty dollars ($360);
(6) [Deleted by P.L. 2019, ch. 226, § 1 and P.L. 2019, ch. 246, § 1.]
(7) Each registration to provide debt-management services, the sum of two hundred dollars ($200);
(8) Each mortgage-loan originator license, the sum of four hundred dollars ($400); and
(9) Each third-party loan-servicer license and each branch certificate, the sum of one thousand one hundred dollars ($1,100).
(b) Any licensee who shall not pay the annual fee by December 31 of each year shall be subject to a daily penalty of twenty-five dollars ($25) per day, subject to a maximum of seven hundred fifty dollars ($750). The penalty shall be paid to the director to, and for the use of, the state. The penalty may be waived for good cause by the director, or the director’s designee, upon written request.
History of Section.
P.L. 1995, ch. 82, § 52; P.L. 2002, ch. 65, art. 13, § 19; P.L. 2004, ch. 579, § 2;
P.L. 2006, ch. 243, § 1; P.L. 2006, ch. 291, § 1; P.L. 2007, ch. 73, art. 16, § 1;
P.L. 2007, ch. 244, § 1; P.L. 2007, ch. 251, § 2; P.L. 2009, ch. 68, art. 12, § 1;
P.L. 2014, ch. 487, § 1; P.L. 2014, ch. 522, § 1; P.L. 2019, ch. 88, art. 5, § 1;
P.L. 2019, ch. 226, § 1; P.L. 2019, ch. 246, § 1.
Frequently Asked Questions About Rhode Island § 19-14-4
What does Rhode Island General Laws § 19-14-4 cover?
Section 19-14-4 ("Licensed Activities") is part of the Rhode Island General Laws, the codified statutory law of Rhode Island. 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 Rhode Island § 19-14-4?
A common citation format is "Rhode Island General Laws § 19-14-4" (Rhode Island). 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 Rhode Island law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Rhode Island official source linked on this page or consult a licensed Rhode Island attorney.
How does Rhode Island § 19-14-4 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Rhode Island 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 Rhode Island.