The commissioner shall set the fee for a registration certificate application not to exceed ______.

• A. 100$
• B. 150$
• C. 200$
• D. 1200$

Answer: (A)

Regulators set fee caps to balance covering the regulatory costs with keeping the process affordable for applicants. The commissioner has theauthority to establish an upper limit on what a registration certificate application can cost. In this rule, that maximum is $100, so the fee cannot exceed that amount. The other numbers are higher than the allowed cap, so they don’t fit the rule.