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PRIVATE SECURITY BUSINESS AND SECURITY ALARM ACT (EXCERPT)
Act 330 of 1968
338.1075 Renewal license; application; bond; fee; date; form; approval; effect of failure to renew; deposit of fees into security business fund.
(1) Subject to section 9(5), a license granted under this act may be renewed by the department upon application by the licensee, filing a renewal surety bond in the amount specified in section 9, and the payment of a renewal fee of $100.00 if a sole proprietorship, $150.00 if a private security police organization, a private college police force, or a private security guard firm, company, partnership, limited liability company, or corporation, or $250.00 if a security alarm system contractor.
(2) A renewal license shall be dated as of the expiration date of the previously existing license. For the renewal of a license, the licensee shall submit an application in a form provided by the department. The department may defer the renewal of license if there is an uninvestigated outstanding criminal complaint pending against the licensee or a criminal case pending in any court against the licensee.
(3) A person who fails to renew a license on or before the expiration date shall not engage in activities regulated by this act. A person who fails to renew a license on or before the expiration date may, within 30 days after the expiration date, renew the license by payment of the required license fee and a late renewal fee of $25.00. An applicant who fails to renew within the 30-day period must reapply for a license under section 7.
(4) The fees collected by the department under this section shall be deposited into the security business fund created in section 9(9).
History: 1968, Act 330, Imd. Eff. July 12, 1968
Am. 1975, Act 190, Imd. Eff. Aug. 5, 1975
Am. 2000, Act 411, Eff. Mar. 28, 2001
Am. 2002, Act 473, Eff. Oct. 1, 2002
Am. 2004, Act 270, Imd. Eff. July 23, 2004
Am. 2010, Act 68, Imd. Eff. May 13, 2010
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