NRS 673.260 Annual license: Fees; renewal; penalty; regulations.
157 words·~1 min read·
/nv/chapter-673-savings-banks/673-260·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 673.260 Annual license: Fees; renewal; penalty; regulations.
1. The license specified in NRS 673.250 authorizes the company, savings bank or corporation to whom it is issued to sell its approved securities and contracts within this State for the remainder of the fiscal year ending on June 30 next succeeding. Each license is renewable, under like restrictions, annually thereafter.
2. For the issuing of any license provided for in NRS 673.250 and for any renewal thereof, the fee of the Commissioner is:
(a)For the main office, not more than $400; and
(b)For each branch office, not more than $200.
3. The fees must accompany the license renewal application. A penalty of 10 percent of the fee payable must be charged for each month or part thereof that the fees are not paid after June 30 of each year.
4. The Commissioner shall adopt regulations establishing the amount of the fees required pursuant to this section.