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State Statutes
- Idaho
- Title 28
- Chapter 46
- 28-46-203
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| Idaho Statutes |
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| 28-46-203 - FEES AND TAXES |
(1) A person required to file notification shall on or before January 31 of each year pay to the administrator an annual fee to be fixed by the administrator, but not to exceed fifty dollars ($50.00) per year. (2) Persons required to file notification who are sellers or lenders shall pay a tax of ten dollars ($10.00) for each one hundred thousand dollars ($100,000) or part thereof in excess of one hundred thousand dollars ($100,000), of the unpaid balances outstanding as of December 31 of the preceding calendar year arising from regulated consumer credit transactions made in this state and held either by the seller or lender, or by an assignee who has not filed notification. (3) Persons required to file notification who are assignees shall pay a tax of ten dollars ($10.00) for each one hundred thousand dollars ($100,000), or part thereof, of the unpaid balances of obligations arising from regulated consumer credit transactions made in this state taken by assignment and outstanding as of December 31 of the preceding calendar year. (4) The administrator may, in his discretion, allow an exemption from payment of the fee described in subsection (1) of this section to supervised financial organizations which are already required to pay similar supervision and examination fees; provided any person holding a permit under chapter 22, title 26, Idaho Code, need not pay such fees. (5) For the purpose of administering the Idaho credit code, all moneys received by the administrator pursuant to the Idaho credit code shall be remitted to the state treasurer for the credit of the finance administrative account. |
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