Which of the following describes the delinquency fee?

• A. The annual renewal fee
• B. The late filing fee
• C. The delinquency fee
• D. The processing fee

Answer: (C)

Delinquency fee is the penalty charged when a license renewal isn’t completed by the expiration date. It’s added on top of the standard renewal fee to cover the extra administrative work and to discourage late renewals. It’s not the base renewal amount, nor a processing fee, and it’s specifically tied to the license being delinquent. So the description of the delinquency fee is that it’s the penalty assessed for letting the license lapse and renewing after it’s expired.