Section 920. Fees

1.  The following shall be the registration fees under
  this article.
    (a) Upon filing a registration statement pursuant to subdivisions  one
  and  two  of  section  nine  hundred  nineteen  of  this  article,  each
  professional employer organization shall pay an initial registration fee
  of one thousand dollars.
    (b) Upon renewing its registration statement pursuant  to  subdivision
  three   of   section   nine  hundred  nineteen  of  this  article,  each
  professional employer organization shall pay an annual  renewal  fee  of
  five hundred dollars.
    2.  All  fees shall be paid to the state comptroller and credited to a
  fund deemed appropriate by the comptroller.