Section 25-17.6-4-7 - Application fee; deposit in fund(a) An applicant for licensure shall pay a nonrefundable fee established by regulation of the board.(b) All fees paid to and collected by the board under this section and IC 25-17.6-5 shall be deposited in a fund under the jurisdiction of the board.(c) The survey shall be: (1) designated to collect and disburse funds represented by the fees described in subsection (b); and(2) required to execute a bond, with corporate surety, in an amount to be determined by the board.As added by P.L. 161-1996, SEC.2. Amended by P.L. 17-1999, SEC.19.