3015. ANNUAL ASSESSMENTS

3015 ANNUAL ASSESSMENTS 3015.1 Beginning with the calendar year starting on January 1, 2017, each licensed student loan servicer who held a license during the calendar year shall be subject to an annual assessment fee as prescribed in § 3023. The Commissioner shall assess this fee at the end of each annual licensing period. 3015.2 The annual assessment fee shall be determined to be a variable amount based on the number of student loan borrowers serviced in the annual license period as prescribed in § 3023. 3015.3 The annual assessment fees for a licensee shall be invoiced through the NMLS and payment of the fees is due on or before November 15th of the calendar year following the licensing period. 3015.4 In the case of a licensee surrendering a license, the licensee shall pay any unpaid annual assessment for the preceding calendar year and an assessment for the current calendar year through date of surrender, which shall be due no later than thirty (30) days after receipt of a surrender request in the NMLS. SOURCE: Final Rulemaking published at 65 DCR 8395 (August 10, 2018). District of Columbia Municipal Regulations Banking and Financial Institutions 26-C DCMR § 3015