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)