The fee for an individual, association or partnership licensed as a security service shall, for an original license, be one thousand four hundred fifty dollars, and for renewal thereof, six hundred twenty-five dollars every two years. The fee for a corporation licensed as a security service shall, for an original license, be one thousand seven hundred fifty dollars and for renewal thereof one thousand dollars every two years. If a licensee fails to apply for renewal of any license within ninety days after the expiration thereof, the licensee shall pay for renewal thereof the fee provided for an original license.
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