Starting 7/1/24, not only must brokers and providers register, but they must also pay an initial registration fee and a continuing annual fee of $500.
"Each provider and commercial financing broker shall pay an initial registration fee of one thousand dollars and an annual registration fee of five hundred dollars by the fifteenth of September each year thereafter. If a provider or commercial financing broker fails to timely pay any such annual registration fee, its registration shall automatically expire by operation of law."
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