In addition to any fees required to participate in the NMLS, a debt buyer must pay the following fees to the director at the time of application or renewal:(1) A non-refundable application fee of $450; or(2) A non-refundable renewal fee of $450.
The legislature occasionally skips outline levels.
For example:
(3) A person may apply [...]
(4)(a) A person petitioning for relief [...]
In this example, (3), (4),
and (4)(a) are all outline levels, but
(4) was
omitted by its authors. It's only implied. This presents an
interesting challenge when laying out the text. We've
decided to display a blank section with this note, in order
to aide readability.