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NRS 356.380

Payment of assessment; administrative fine for failure to pay

(Added to NRS by 2003, 20th Special Session, 286)

1. A depository shall, within 45 days after the date on which the depository received the notice provided pursuant to subsection 3 of NRS 356.370, remit to the State Treasurer the amount of the assessment levied against the depository.

2. The State Treasurer may impose an administrative fine not exceeding $500 per day against a depository that fails to comply with the provisions of subsection 1.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.