The bureau shall establish, by regulation, a process pursuant to which an institution that is exempt from this chapter may request, and obtain, from the bureau verification that the institution is exempt. The verification shall be valid for a period of up to two years, as long as the institution maintains full compliance with the requirements of the exemption. The bureau shall establish a reasonable fee to reimburse the bureau's costs associated with the implementation of this section.
(Amended by Stats. 2016, Ch. 593, Sec. 8. Effective January 1, 2017. Repealed as of January 1, 2021, pursuant to Section 94950.)