Under Delaware Code section 2405, what is true of the $250 investigation fee?
Correct Answer
C) It is nonrefundable
Delaware Code states that the $250 investigation fee is nonrefundable.
Why This Is the Correct Answer
Delaware Code states that the $250 investigation fee is nonrefundable.
Why the Other Options Are Wrong
Option A: It is refunded automatically if the application is denied
The Delaware Code states nonrefundable, not automatically refundable.
Option B: It is waived whenever the applicant is sponsored
Sponsorship does not waive the fee in the cited provision.
Option D: It is paid only after the license is issued
The investigation fee is an application-stage fee.
Memory Technique
DE-C027 -> Delaware-application-fees-and-background
Exam Tip
Investigation fee equals nonrefundable in Delaware.
Common Mistakes to Avoid
- -Importing another state requirement into Delaware
- -Confusing NMLS baseline requirements with Delaware-specific rules
- -Treating operational assumptions as legal authority
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