Every risk retention group and purchasing group that registers with the Commissioner under this Article shall pay the following fees:
Risk retention group registration....................................................... $ 500.00
Purchasing group registration............................................................ 500.00
Risk retention group renewal............................................................. 1,500.00
Purchasing group renewal................................................................. 100.00
Registration fees shall not be prorated and must be submitted with the application for registration. Renewal fees shall not be prorated and shall be paid on or before January 1 of each year.
N.C. Gen. Stat. § 58-22-70