88A.630 - Defaulting trusts: Identification; penalty. - Nevada Statutes

88A.630  Defaulting trusts: Identification; penalty.

      1.  Each business trust required to file the list and pay the fee prescribed in NRS 88A.600 to 88A.660, inclusive, which refuses or neglects to do so within the time provided shall be deemed in default.

      2.  For default, there must be added to the amount of the fee a penalty of $75. The fee and penalty must be collected as provided in this chapter.

      (Added to NRS by 1999, 1568; A 2001, 3189; 2003, 20th Special Session, 107)