Revise securities laws relating to fees paid by certain licensees

This bill revises Montana's securities registration fees to remove the distinction between in-state and out-of-state salespersons and investment adviser representatives. It directly affects securities licensees, including brokers, dealers, and their representatives who register with the state. The key change raises the registration fee for out-of-state salespersons and investment adviser representatives from $50 to $100 for original registration, annual renewals, and transfers, while keeping the fee for in-state representatives at $50. The bill also updates fee structures for broker-dealers and investment advisers to a flat $400 for original registration and renewals, and clarifies how fees are collected and deposited into state accounts.