What is the maximum fee charged by the commissioner for a new registration certificate upon ownership change?

What is the maximum fee charged by the commissioner for a new registration certificate upon ownership change?

• A. $450
• B. $100
• C. $250
• D. $500

Answer: (A)

The maximum fee charged by the commissioner for a new registration certificate upon ownership change is indeed $450. This amount reflects the regulatory framework established to manage certificates and ensures that all ownership changes are processed in a standardized manner. The fee structure is designed to cover administrative costs associated with these changes, including the review of documentation and compliance with applicable laws. Understanding this fee is important for businesses and individuals as they navigate ownership transfers of extinguishing system equipment or related services. Additionally, other amounts listed in the options do not align with the established fee schedule for such transactions, making $450 not only the maximum but the correct fee in this context. Familiarity with these fees can help individuals and companies better budget for operational changes.

The maximum fee charged by the commissioner for a new registration certificate upon ownership change is indeed $450. This amount reflects the regulatory framework established to manage certificates and ensures that all ownership changes are processed in a standardized manner.

The fee structure is designed to cover administrative costs associated with these changes, including the review of documentation and compliance with applicable laws. Understanding this fee is important for businesses and individuals as they navigate ownership transfers of extinguishing system equipment or related services.

Additionally, other amounts listed in the options do not align with the established fee schedule for such transactions, making $450 not only the maximum but the correct fee in this context. Familiarity with these fees can help individuals and companies better budget for operational changes.