Nev. Admin. Code § 604d.Sec. 9

Current through November 8, 2024
Section 604d.Sec. 9 - NEW
1. Each licensee shall pay to the Division of Financial Institutions of the Department of Business and Industry an annual assessment of not more than $300 to cover the costs related to the employment of a certified public accountant.
2. The Division shall bill each licensee for the assessment. The assessment must be paid within 30 days after the date on which the bill is received. Except as otherwise provided in this subsection, any payment received after that date must include a penalty of 10 percent of the assessment plus an additional 1 percent of the assessment for each month, or portion of a month, that the assessment is not paid. The Division may waive the penalty for good cause shown.
3. Failure of a licensee to pay the assessment required in subsection 1, as provided in this section, constitutes grounds for revocation of the license of the licensee.

Nev. Admin. Code § 604d.Sec. 9

Added by R096-23A, eff. 7/1/2024

sections 21 and 32 of Senate Bill No. 290, chapter 400, Statutes of Nevada 2023, at pages 2403 and 2407, respectively (NRS 604D.180, 604D.550)