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Except as otherwise provided herein, a principal whose alarm system permit has been suspended may have the permit reinstated upon payment of a reinstatement fee as follows:

First suspension within last 3 years

$ 50

Second suspension within last 3 years

$100

Third suspension within last 3 years

$200

After the fourth suspension within a three year period, the principal shall not be eligible for reinstatement or renewal for a period of five (5) years from the date of last suspension, whereupon the principal may apply for a new permit at the regular fee.

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