Nev. Admin. Code § 670A.010 - Fee for supervision and related activities: Amount; collection; failure to pay

1. The Commissioner of Financial Institutions will charge and collect a fee of $30 per hour from each corporation for any supervision, examination, audit, investigation or hearing conducted pursuant to chapter 670A of NRS.

2. The Commissioner will bill each corporation upon the completion of the activity for the fee established in subsection 1. The fee must be paid within 30 days after the date 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 fee plus an additional 1 percent of the fee for each month, or portion of a month, that the fee is not paid. The Commissioner may waive the penalty for good cause.

3. Failure of a corporation to pay the fee required in subsection 1 as provided in this section constitutes grounds for revocation of its license.

4. For the purposes of this section, "corporation" means a Nevada corporation for economic revitalization and diversification created pursuant to chapter 670A of NRS.

Notes

Nev. Admin. Code § 670A.010

Added to NAC by Comm'r of Financial Institutions, eff. 4-20-88; A 11-27-89, eff. 7-1-89

NRS 658.101, 670A.060, 670A.260