Nevada Administrative Code
NAC-673 - Savings and Loan Associations
673.030 - Annual assessments to cover costs related to performance of audits and examinations.

Universal Citation: NV Admin Code 673.030

NAC 673.030 Annual assessments to cover costs related to performance of audits and examinations. (NRS 658.055, 673.043, 673.450)

1. Except as otherwise provided in NAC 658.030, each savings and loan association 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 will bill each savings and loan association for the assessment. The assessment must be paid within 30 days after the date the bill is received.

3. A charge of 10 percent of the assessment will be imposed on any savings and loan association whose assessment is received by the Division after the date on which the assessment is due.

(Added to NAC by Comm’r of Financial Institutions, eff. 12-17-87; A 5-27-92)

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