Louisiana Administrative Code
Title 46 - PROFESSIONAL AND OCCUPATIONAL STANDARDS
Part V - Automotive Industry
Subpart 3 - Motor Vehicle Sales Finance
Chapter 73 - Licensing
Section V-7305 - Renewal Application
Universal Citation: LA Admin Code V-7305
Current through Register Vol. 50, No. 9, September 20, 2024
A. Annually by November 1 each licensee shall file a renewal application and pay a non-refundable renewal fee.
1. An annual
renewal application received by the commission postmarked after December 1
shall be accompanied by a late filing fee, in addition to the annual renewal
fee.
2. If the annual renewal
application and renewal fee are not received postmarked by December 31, the
license shall lapse without a hearing or notification, and the license shall
not be reinstated; however, the person whose license has lapsed may apply for a
new license. No new license shall be issued upon the filing of a new
application by any person against whom any penalty or late fee has been imposed
unless and until such penalty or late fee previously accrued under this Section
has been paid, and the commission has determined that the applicant has the
requisite qualifications for a license.
AUTHORITY NOTE: Promulgated in accordance with R.S. 6:969.40(D).
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