534.408  Supervisory fees.

1.  Payable to division.  Associations shall pay fees by delivering to the superintendent a check payable to the savings and loan division of the department of commerce. All fees collected under this chapter shall be deposited with the treasurer of state in the general fund of the state.

2.  Incorporation fee.  Simultaneously with the filing with the superintendent of a certificate of incorporation, the corporation shall pay an incorporation fee of one hundred dollars.

3.  Change of location or change of name.  A fee of fifty dollars shall accompany each application to the superintendent for permission to change the location of the home office or to change the name of the association.

4.  Supervision and examination fee.  At the time of filing its annual report each association shall pay to the superintendent an annual filing fee of fifty dollars. The superintendent shall assess against an association the actual and necessary expenses incidental to examinations, or to supervision, or to a special audit made pursuant to an order of the superintendent acting under authority of this chapter. The annual assessment to each association shall also include a fair proportion of the cost of administration of the savings and loan division.

5.  Merger fee.  At the time of filing with the superintendent a merger agreement, the association proposing to merge shall submit a fee of one hundred fifty dollars, which fee shall be paid in equal parts by the associations which are parties to the proposed merger.

6.  For reorganization, transfer of assets, and dissolution.  A fee of fifty dollars shall accompany a proposed plan of reorganization, a proposal for the transfer of assets in bulk, and a certificate of dissolution, filed with the superintendent for approval.

7.  For approval of superintendent.  The superintendent, in the superintendent's discretion, may charge a fee of not exceeding ten dollars upon each application for the superintendent's approval, as provided by this chapter.

Section History: Early form

  [C97, § 1913; C24, 27, 31, 35, 39, § 9380; C46, 50, 54, 58, § 534.78; C62, 66, 71, 73, 75, 77, 79, 81, § 534.61]

Section History: Recent form

  C85, § 534.408

  86 Acts, ch 1246, § 619; 87 Acts, ch 234, §437; 88 Acts, ch 1158, § 84; 90 Acts, ch 1247, § 16; 91 Acts, ch 92, § 15; 91 Acts, ch 260, § 1245; 92 Acts, ch 1163, § 104

Internal References

  Referred to in § 534.403


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