356.380 - Payment of assessment; administrative fine for failure to pay. - Nevada Statutes

356.380  Payment of assessment; administrative fine for failure to pay.

      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)

      NRS 356.390  Regulations.  The State Treasurer shall adopt such regulations as he or she determines are necessary to carry out the provisions of NRS 356.300 to 356.390, inclusive.

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