# R.I. Gen. Laws § 19-14-4: Annual fee

> Rhode Island · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_RI_T19_C19-14_S19-14-4

## Section

- **Citation:** R.I. Gen. Laws § 19-14-4
- **Heading:** Annual fee
- **Jurisdiction:** Rhode Island
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** RI Code / Title 19 / Chapter 19-14 / Section 19-14-4

## Text

(a) Each licensee shall pay an annual license fee as follows:

(1) Each small-loan lender license and each branch certificate, the sum of five hundred fifty dollars ($550);

(2) Each loan-broker license and each branch certificate, the sum of five hundred fifty dollars ($550);

(3) Each lender license and each branch certificate, the sum of one thousand one hundred dollars ($1,100);

(4) Each currency transmission license, the sum of one thousand dollars ($1,000);

(5) Each check cashing license, the sum of three hundred sixty dollars ($360);

(6) [Deleted by P.L. 2019, ch. 226, § 1 and P.L. 2019, ch. 246, § 1.]

(7) Each registration to provide debt-management services, the sum of two hundred dollars ($200);

(8) Each mortgage-loan originator license, the sum of four hundred dollars ($400); and

(9) Each third-party loan-servicer license and each branch certificate, the sum of one thousand one hundred dollars ($1,100).

(b) Any licensee who shall not pay the annual fee by December 31 of each year shall be subject to a daily penalty of twenty-five dollars ($25) per day, subject to a maximum of seven hundred fifty dollars ($750). The penalty shall be paid to the director to, and for the use of, the state. The penalty may be waived for good cause by the director, or the director€™s designee, upon written request.

## Nearby sections

- [R.I. Gen. Laws § 19-14-1_19-14-1 § 19-14-1. Definitions. [Effective until January 1, 2027.]19-14-1. Definitions. [Effective January 1, 2027.]](https://www.frixlaw.com/law-library/statutes/STATE_RI_T19_C19-14_S19-14-1_19-14-1.md)
- [R.I. Gen. Laws § 19-14-2 § 19-14-2. Licenses required.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T19_C19-14_S19-14-2.md)
- [R.I. Gen. Laws § 19-14-3 § 19-14-3. Application for license.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T19_C19-14_S19-14-3.md)
- [R.I. Gen. Laws § 19-14-4 § 19-14-4. Annual fee.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T19_C19-14_S19-14-4.md)
- [R.I. Gen. Laws § 19-14-5 § 19-14-5. Minimum capital.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T19_C19-14_S19-14-5.md)
- [R.I. Gen. Laws § 19-14-6 § 19-14-6. Bond of applicant.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T19_C19-14_S19-14-6.md)
- [R.I. Gen. Laws § 19-14-7 § 19-14-7. Issuance or denial of license.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T19_C19-14_S19-14-7.md)
- [R.I. Gen. Laws § 19-14-8 § 19-14-8. Denial of license due to incomplete application.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T19_C19-14_S19-14-8.md)
- [R.I. Gen. Laws § 19-14-9 § 19-14-9. Contents of license.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T19_C19-14_S19-14-9.md)
- [R.I. Gen. Laws § 19-14-10 § 19-14-10. Agent for service of process.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T19_C19-14_S19-14-10.md)
- [R.I. Gen. Laws § 19-14-11 § 19-14-11. Prohibition or transfer or assignment of license.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T19_C19-14_S19-14-11.md)
- [R.I. Gen. Laws § 19-14-12 § 19-14-12. Place of business €” Branch offices €” Name changes.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T19_C19-14_S19-14-12.md)
- [R.I. Gen. Laws § 19-14-13 § 19-14-13. Revocation of license.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T19_C19-14_S19-14-13.md)
- [R.I. Gen. Laws § 19-14-14 § 19-14-14. Revocation by default.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T19_C19-14_S19-14-14.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_RI_T19_C19-14_S19-14-4. Check the current official text before relying on it. Not legal advice.