LAC 46:LXVII.10305. Fees; nonsufficient checks

A. All fees submitted to the board are nonrefundable and shall be imposed in accordance with R.S. 37:3407. B. The application fee for a license shall cover a period of no more than two calendar years and shall not be prorated. C. The initial education provider fee shall cover a period of one calendar year and shall not be prorated. D. Payment of any fee with a check that is returned by a financial institution, wherein the reason for not paying the check is not the fault of the financial institution, shall be grounds for the cancellation of the transaction for which the fee was submitted and/or the suspension or revocation of a license or certificate. E. Nonsufficient funds. Persons issuing checks that are returned by financial institutions will be notified, in writing, of the return of the check to the address registered with the board. Within 10 days from the mailing or electronic delivery of the notification, the person issuing the check shall remit a certified check, cashier's check, or money order payable to the Louisiana Real Estate Appraisers Board in the amount of the returned check plus a $25 processing fee.