§443B-4.59  Restoration of forfeited registration.  (a)  A forfeited registration may be restored by submitting an application provided by the director and by paying a delinquent renewal fee and a restoration fee in the amount specified by rule.

     (b)  Failure to restore a forfeited registration within sixty days of forfeiture shall cause the registration to be terminated.

     (c)  The director may extend the sixty-day limitation for good cause shown.

     (d)  Upon termination of registration, the collection agency shall cease to do business. [L 1990, c 246, pt of §1; am L 1992, c 202, §61]