NRS356.370. Levy of assessment against depositories; notice of amount of assessment.

Latest version.

      1. Once each fiscal year, the State Treasurer shall levy a pro rata assessment against each depository that held public money at any time during the immediately preceding fiscal year.

      2. The amount of the assessment levied pursuant to subsection 1 must be based on the average weekly deposits of public money held by a depository.

      3. The State Treasurer shall provide to each depository a notice setting forth:

      (a) The amount of the assessment levied against the depository pursuant to subsection 1; and

      (b) The provisions of NRS 356.380.

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

                    
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