Nevada Administrative Code
Chapter 649 - Collection Agencies
ADMINISTRATION
Section 649.070 - Assessment for costs related to audits and examinations

1. Except as otherwise provided in NAC 658.030, each primary and secondary collection agency shall pay to the Division of Financial Institutions of the Department of Business and Industry an annual assessment of $300 to cover the costs related to the employment of a certified public accountant and the performance of audits and examinations conducted by the Division.

2. The Division shall bill each collection agency for the assessment. The assessment must be paid within 30 days after the date on which the bill is received.

3. In addition to any other fee allowed by this chapter or chapter 649 of NRS, a charge of 10 percent of the assessment will be imposed on any collection agency whose assessment is received by the Division after the date on which the assessment is due.