(1) A request for a transactional exemption pursuant to 30-10-105(15), MCA, shall include:
(a) a letter of request explaining why an exemption would serve the purposes of 30-10-102, MCA;
(b) a U-2 consent to service of process form; and
(c) a fee of $50.
(2) A transactional exemption granted pursuant to a request under (1) is effective for one year following the date of the commissioner's granting of the exemption request. Prior to the expiration date of the exemption, an exemption may be renewed by filing a $50 fee with the commissioner. A renewed exemption shall be effective for one year commencing upon the expiration of the exemption filing being renewed.