Each application shall be accompanied by a nonrefundable application fee in the amount of five hundred dollars ($500) and a nonrefundable license fee of five hundred dollars ($500) if application is made on or before March 31, or the next business day if March 31 falls on a weekend or holiday. If application is made after March 31, the license fee shall be two hundred fifty dollars ($250). The license shall remain in force through September 30 of the same year the license is issued.
KRS 286.11-017
Application fee and license fee
Known as the Kentucky Money Transmitters Act
The act spans §§ 286.11-001 to 286.11-067 (35 sections).
Effective: April 24, 2006 History: Created 2006 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.