NRS356.380. Payment of assessment; administrative fine for failure to pay.

Latest version.

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.

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

                    
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