§373-13.5  Requirements to maintain license. 
(a)  Every employment agency that collects fees from applicants shall have and
maintain in full force and effect a bond as required under section 373-4. 
Failure, refusal, or neglect to maintain a bond in full force and effect shall
cause the automatic forfeiture of the license effective as of the date of
expiration or cancellation of the bond.  The license shall not be restored
until a bond as required under section 373-4 is received by the director.



(b)  Failure to effect a restoration of a
forfeited license within sixty days of the forfeiture shall cause the license
to remain forfeited.  No fees paid shall be refundable.  A licensee who fails
to restore a license as provided in this section shall apply and pay fees as a
new applicant.



(c)  The director may assess a fee not to
exceed $200 as a condition for the restoration of a license forfeited pursuant
to this section.



(d)  A licensee, within fifteen calendar days
after receipt of notification of the license forfeiture, may request an
administrative hearing pursuant to chapter 91 to review the forfeiture.



(e)  Every employment agency shall have in its
employ a principal agent who is currently licensed under this chapter.  The
principal agent shall be responsible for the direct management of the
employment agency, all business transactions of the employment agency, and all
actions by the employees of the employment agency.



(f)  No employment agency shall be deemed to
have violated any provision of this chapter by acting or assuming to act as an
employment agency after the death or dissociation of the principal agent
responsible for managing the employment agency; provided that within sixty days
from the date of the death or dissociation of the principal agent, the
employment agency employs another licensed principal agent or employs an
individual who has filed an application for a principal agent license. [L 1985,
c 135, §7; am L 2002, c 22, §9]