The board shall prescribe and publish annual fees for the following by promulgating rules pursuant to chapter 1-26:

(1) Initial license fee, not to exceed seventy-five dollars;

(2) Renewal of license fee, not to exceed sixty dollars;

(3) Late renewal fee, not to exceed ninety-five dollars; and

(4) Temporary permit fee, not to exceed forty dollars.

Source: SL 1993, ch 273, § 13; SL 2008, ch 191, § 8.