Nev. Admin. Code § 669.070

Current through November 8, 2024
Section 669.070 - Annual assessments to cover costs related to performance of audits and examinations
1. Except as otherwise provided in NAC 658.030, each licensed trust company shall pay to the Division of Financial Institutions of the Department of Business and Industry an annual assessment of $300 to cover the costs related to the employment of a certified public accountant and the performance of audits and examinations conducted by the Division.
2. The Division of Financial Institutions of the Department of Business and Industry will bill each licensed trust company for the assessment. The assessment must be paid within 30 days after the date the bill is received.
3. A charge of 10 percent of the assessment will be imposed on any licensed trust company whose assessment is received by the Division of Financial Institutions of the Department of Business and Industry after the date on which the assessment is due.

Nev. Admin. Code § 669.070

Added to NAC by Comm'r of Financial Institutions by R109-06, eff. 6-28-2006

NRS 658.055, 669.260, 669.270