645C.240 - Disposition of money received by Division; financial support of Division. - Nevada Statutes

645C.240  Disposition of money received by Division; financial support of Division.

      1.  Except as otherwise provided in subsections 2 and 3, all fees, penalties and other charges received by the Division pursuant to this chapter must be deposited with the State Treasurer for credit to the State General Fund.

      2.  Fees received by the Division:

      (a) From the sale of publications, must be retained by the Division to pay the costs of printing and distributing publications.

      (b) For examinations, must be retained by the Division to pay the costs of the administration of examinations.

Ê Any surplus of the fees retained by the Division must be deposited with the State Treasurer for credit to the State General Fund.

      3.  The portion of the fees collected by the Division pursuant to NRS 645C.450 for the issuance or renewal of a certificate or license as a residential appraiser or the issuance or renewal of a certificate as a general appraiser which is used for payment of the registry fee to the Financial Institutions Examination Council pursuant to 12 U.S.C. § 3338, must be retained by the Division for payment to the Financial Institutions Examination Council.

      4.  Money for the support of the Division in carrying out the provisions of this chapter must be provided by direct legislative appropriation and be paid out on claims as other claims against the State are paid.

      (Added to NRS by 1989, 826; A 1993, 812; 1997, 847)