Chapter 128: REGULATION OF TRANSIENT SALES HEADING: PL 1993, C. 444, §1 (NEW); PL 2001, C. 324, §2 (RPR)
Subchapter 2: TRANSIENT SELLERS OF CONSUMER MERCHANDISE HEADING: PL 2001, C. 324, §12 (NEW)
§14708. License fee and security deposit
1.Fees. The Director of the Office of Licensing and Registration within the department may establish by rule fees for purposes authorized
under this subchapter in amounts that are reasonable and necessary for their respective purposes, except that the fee for
any one purpose may not exceed $300 . Rules adopted pursuant to this subsection are routine technical rules pursuant to Title 5, chapter 375, subchapter 2-A.
[
2007, c. 402, Pt. KK, §17 (AMD)
.]
2.Dedicated revenues.
[
2007, c. 402, Pt. KK, §17 (RP)
.]
3.Security deposit. Every person that engages in the business of transient sellers of consumer merchandise, including the self-employed or those
who employ one or more transient sellers of consumer merchandise, shall also make a security deposit of $10,000 or of a sum
equal to the anticipated yearly gross revenues in this State, whichever is less, with the department for the protection of
consumers as described in section 14712. The security deposit may be made by a bond as drawn by the department and as secured
by a surety approved by the department. Only one security deposit is required of each person engaged in transient sales of
consumer merchandise.
[
2001, c. 324, §12 (NEW)
.]
4.License issued. The department shall issue to a transient seller of consumer merchandise and to employees of that transient seller a license upon receipt of a completed application with the fees as set under subsection 1 and the security deposit required by subsection 3.
[
2007, c. 402, Pt. KK, §17 (AMD)
.]
SECTION HISTORY
2001, c. 324, §12 (NEW).
2007, c. 402, Pt. KK, §17 (AMD).
Data for this page extracted on 11/16/2009 02:42:06.