Nev. Admin. Code § 670B.Sec. 9 - NEW
1. In accordance with subsection 1 of
NRS
670B.350 and except as otherwise provided in
NAC 658.030, each licensee shall pay
to the Division of Financial Institutions an annual assessment of not more than
$300 to cover the costs related to the employment of a certified public
accountant and the performance by the certified public accountant of
independent audits and examinations.
2. The Division of Financial Institutions
shall send an invoice to each licensee for the assessment described in
subsection 1. The assessment must be paid not later than 30 days after the date
on which the invoice 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
Commissioner may waive the penalty for good cause.
3. In accordance with
NRS
670B.690, the failure of a licensee to pay
the assessment required in subsection 1, as provided in this section,
constitutes grounds for revocation of its license.
Notes
NRS 670B.350, 670B.600, 670B.690
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.