Statutes > Nevada Statutes > TITLE 31 - PUBLIC FINANCIAL ADMINISTRATION > Chapter 356 - Depositories of Public Money and Securities > ADMINISTRATIVE OVERSIGHT OF DEPOSITORIES; LEVY OFASSESSMENT > 356.370 - Levy of assessment against depositories; notice of amount of assessment.

356.370 - Levy of assessment against depositories; notice of amount of assessment.

356.370  Levy of assessment against depositories; notice of amount of assessment.

      1.  Once each fiscal year, the State Treasurer shall levy a pro rata assessment against each depository that held public money at any time during the immediately preceding fiscal year.

      2.  The amount of the assessment levied pursuant to subsection 1 must be based on the average weekly deposits of public money held by a depository.

      3.  The State Treasurer shall provide to each depository a notice setting forth:

      (a) The amount of the assessment levied against the depository pursuant to subsection 1; and

      (b) The provisions of NRS 356.380.

      (Added to NRS by 2003, 20th Special Session, 286)