Each licensee shall pay to the commissioner with his initial application a license fee of Seven Hundred Fifty Dollars ($750.00), and annually thereafter on or before April 1 of each year, a renewal fee of Four Hundred Dollars ($400.00), plus Fifty Dollars ($50.00) for each location in excess of one (1) in Mississippi through which the licensee plans to conduct money transmissions during the license year for which the fee is paid, provided that in no event shall the annual renewal fee exceed One Thousand Dollars ($1,000.00).
Miss. Code Ann. § 75-15-15
Annual license fee
Known as the Mississippi Money Transmitters Act
The act spans §§ 75–75 (20 sections).
Codes, 1942, § 5131-08; Laws, 1966, ch. 257, § 8; Laws, 2000, ch. 621, § 9; Laws, 2010, ch. 448, § 8, eff from and after July 1, 2010.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.