Mo. Code Regs. tit. 12 § 40-40.050

Current through Register Vol. 49, No.12, June 17, 2024

Section 12 CSR 40-40.050 - Bond/License Fee Requirements

PURPOSE: This amendment removes the fixed amount required for the bond and adds a license fee. It also adds section 313.255, RSMo as part of its authority.

PURPOSE: This rule requires a bond and license fee for each licensee.

Each licensee shall post a bond and license fee in an amount to be determined by the director depending upon the actual or projected licensee's sales and payment history, credit record, or both, for each license obtained.

12 CSR 40-40.050

AUTHORITY: sections 313.220, RSMo Supp. 1988 and 313.230(1)(i)(2), RSMo Supp. 1990.* Original rule filed Sept. 4, 1985, effective Sept. 14, 1985. Amended: Filed Aug. 28, 1987, effective Nov. 23, 1987. 'Original authority: 313.220, RSMo 1985, amended 1988 and 313.230(1)(i)(2), RSMo 1985, amended 1988, 1990.

Amended by Missouri Register January 15, 2015/Volume 40, Number 02, effective 2/28/2015