TITLE XXXVIII
SECURITIES

CHAPTER 421-B
SECURITIES

Miscellaneous Provisions

Section 421-B:31

    421-B:31 Fees. –
    I. Initial fees and fees for amendments shall be as follows: 
 (a) Broker-dealer's and investment adviser's fees 
 (1) Broker-dealer's initial license fee $ 250
 (2) Investment adviser's initial license fee $ 200
 (3) Non-refundable broker-dealer's and $ 50
 investment adviser's application fee 
 (4) Amended dealer's license fee $ 100
 (5) Non-refundable fee for a federal covered $ 250
 adviser's initial notice filing 
 (6) Notice filing amendment fee for a name $ 100
 change of a federal covered adviser 
 (b) Agent's fees 
 (1) Agent's initial license fee $ 100
 (2) Non-refundable agent's license application $ 30
 fee 
 (3) Amended agent's license fee $ 25
 (c) Issuer-dealer's fees 
 (1) Issuer-dealer agent's initial license fee $ 50
 (2) Non-refundable issuer-dealer agent's $ 25
 application fee 
 (3) Issuer-dealer initial license fee $ 50
 (d) Non-refundable registration fee for offers and $ 1,000
 sales of each class of open end mutual funds 
 required to register under RSA 421""B:11, I""b 
 (e) Registration fee prior to offers or sales of securities in this state
 2/10 of one percent 
 of the offering
 value of the
 securities offered
 in the registration
 statement, provided
 said fee shall not
 be more than
 $1,050, plus a
  $200 non-refundable
 examination fee
 (f) Fee prior to offers and sales of securities in $ 1,000
 initial public offerings in this state under 
 RSA 421""B:17, I(f)(1)(i) 
 (g) Non-refundable fee prior to offers or sales of: 
 (1) Securities under RSA 421""B:17, II(r) 
 (2) Covered securities of other investment 
 companies under section 18(b)(2) of the 
 Securities Act of 1933 
 (3) Non-issuer transactions under section $ 500
 18(b)(4)(A) of the Securities Act of 
 1933-- a one-time filing fee 
 (h) Non-refundable fee submitted no later than 15 $ 500
 days after the first sale for an initial and 
 annual renewal notice filing fee for sales of 
 covered securities under section 18(b)(4)(D) 
 of the Securities Act of 1933 
 (i) A copying and printing charge may be assessed 
 per page for each document 
 (j) Non-refundable initial notice filing fee prior $ 1,000
 to offers or sales of each class of an open 
 end mutual fund under section 18(b)(2) of the 
 Securities Act of 1933 
 (k) Initial notice filing fee prior to offers or 
 sales of covered securities under sections 
 18(b)(4)(C) and 18(b)(3) of the Securities Act 
 of 1933 
 2/10 of one percent of the offering
 value of the
 securities offered
 in the registration
 statement, provided
 said fee shall not
 be more than
 $1,050, plus a
 $200 non-refundable
 initial notice fee

    II. Renewal fees shall be as follows: 
 (a) Broker-dealer's license renewal fee $ 250
 (b) Investment adviser's license renewal fee $ 200
 (c) Annual notice filing fee for a federal covered $ 200
 adviser 
 (d) Agent's license renewal fee $ 100
 (e) Issuer-dealer license renewal fee $ 50
 (f) Issuer-dealer agent's license renewal fee $ 50
 (g) Annual notice filing fee for offers or sales of 
 covered securities under sections 18(b)(4)(C) 
 and 18(b)(3) of the Securities Act of 1933 
 2/10 of one percent of the offering
 value of the
 securities offered
 in the registration
 statement, provided
 said fee shall not
 be more than
 $1,050
 (h) Annual non-refundable notice filing fee for $ 1,000
 offers and sales of each class of an issuer of 
 open end mutual funds which are covered 
 securities under section 18(b)(2) of the 
 Securities Act of 1933, due on or before May 1 
 of each year 
 (i) Annual non-refundable registration fee for each $ 1,000
 class of an issuer of open end mutual funds, 
 due on or before May 1 of each year, if 
 required to register under RSA 421""B:11, I""b 
 (j) Annual registration fee for securities offered in 
 this state, due one year from the effective
 date of registration, and each year thereafter
 2/10 of one percent of the offering value of the securities offered
 in the registration
 statement, provided
 said fee shall not
 be more than $1,050

    III. In addition to any other penalties, provisions, or fees prescribed under this chapter, a late filing fee of 1/10 of one percent of the offering value of (1) securities offered in the registration statement, or (2) an offering of federal covered securities, provided said fee shall not be more than $525, shall be imposed if:
       (a) It is requested that the provisions of RSA 421-B:13, III(b) be waived; or
       (b) Securities sold in this state are more than registered on the effective application filed with the secretary of state, where the maximum registration fee has not been paid; or
       (c) The registration application is amended to increase the amount registered in this state, where the maximum registration fee has not been paid, subsequent to the effectiveness of the registration in this state; or
       (d) Federal covered securities sold in this state are more than described in the notice filing made, where the maximum notice filing fee or the total amount of a flat fee has not been paid; or
       (e) The notice filing for federal covered securities sold in this state is amended to increase the amount to be sold, subsequent to the date the filing was made in this state.
    IV. (a) Any person who offers or sells securities in New Hampshire under (1) RSA 421-B:12, 13, or 14, where less than the maximum filing fee has been paid in this state, (2) RSA 421-B:17, II(r), (3) a notice filing under section 18(b)(4)(D) of the Securities Act of 1933, or (4) a notice filing under section 18(b) of the Securities Act of 1933 where less than the maximum filing fee has been paid in this state shall file a sales report with the secretary of state. Such reports shall be filed one year from (1) the effective date of the registration or exemption or (2) the date the notice filing under section 18(b) of the Securities Act of 1933 was made with the secretary of state, and a final sales report shall be filed within 60 days of the termination of the offering. The sales report shall indicate the termination date, the total number and amount of sales in this state, and the total number and amount of sales in all jurisdictions. Any person who (1) fails to file a sales report or (2) fails to submit annual audited financial statements to the secretary of state under RSA 421-B:15, II-a shall pay a penalty of $25 for each day of delinquency; provided, however, that the secretary of state may, for good cause shown, abate all or a portion of said delinquency penalty. The provisions of this paragraph shall not apply to federal covered securities pursuant to section 18(b)(2) of the Securities Act of 1933.
       (b) Any person who fails to timely file the notice required pursuant to RSA 421-B:11, I-a(e) shall pay a penalty of $500 if the notice filing is delinquent by no more than 90 days or a penalty of $1,000 if the notice filing is delinquent by more than 90 days; provided, however, that if the filing is delinquent by more than one year, the person failing to timely file the required notice may be subject to the provisions of RSA 421-B:23, RSA 421-B:24, RSA 421-B:25, and RSA 421-B:26 for such failure.

Source. 1981, 214:1. 1982, 42:112, 113. 1987, 411:2, 18. 1989, 20:2-6. 1990, 100:7. 1991, 355:89, II. 1992, 288:54. 1994, 388:25 to 28. 1995, 201:1. 1996, 239:38. 1997, 296:22. 1998, 250:3. 2003, 156:16, eff. Aug. 16, 2003. 2006, 245:22, 23, eff. July 1, 2006.