1. Each applicant shall pay an initial application fee of one hundred dollars for each individual who will act as a public adjuster or public adjuster solicitor. Each license issued shall be renewed annually on the anniversary date of issuance and continue in effect until refused, revoked or suspended by the director in accordance with section 325.035; except that if the annual renewal fee for the license is not paid on or before the anniversary date the license terminates.

2. The annual renewal fee for a public adjuster’s or public adjuster solicitor’s license if fifty dollars for each license.

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3. Supplemental applications may be made for others becoming associated with or employed by a licensee upon the payment of the proper additional fee or fees and the filing of a completed application.