364.030.  Financial institutions to obtain license, exceptions — application — fee. — 1.  No person shall engage in the business of a financing institution in this state without a license therefor as provided in this chapter; except, however, that no bank, trust company, loan and investment company, licensed sales finance company, licensee under the provisions of sections 367.100 to 367.200, or person who makes only occasional purchases of retail time contracts or accounts under retail charge agreements and which purchases are not being made in the course of repeated or successive purchase of retail installment contracts from the same seller, shall be required to obtain a license under this chapter but shall comply with all the laws of this state applicable to the conduct and operation of a financing institution.

  2.  The application for the license shall be in writing, under oath and in the form prescribed by the director.  At the time of filing an application for licensure, the applicant shall pay a licensing fee, to be determined by the director from time to time, not to exceed five thousand dollars and a fee for each additional location where such applicant conducts business, to be determined by the director from time to time, not to exceed one thousand dollars.  Applicants who have not exceeded one hundred active accounts at any point in the previous licensing year, shall pay a licensing fee, to be determined by the director from time to time, not to exceed one thousand dollars and a fee for each additional location where such applicant conducts business, to be determined by the director from time to time, not to exceed one thousand dollars.  The licensing period shall run from January first to December thirty-first.  Thereafter, every licensee shall pay a like fee on or before December thirty-first of each year.  All license fees paid pursuant to this section shall be credited to the consumer licensing fund, established pursuant to section 361.170.

  3.  Each license shall specify the location of the office or branch and must be conspicuously displayed therein.  In case the location is changed, the director shall either endorse the change of location of the license or mail the licensee a certificate to that effect, without charge.