Nevada Revised Statutes Section 673.260 - Financial Institutions

Annual license: Fees; renewal; penalty.

1. The license mentioned in NRS 673.250 authorizes the company, association 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 each home office, $200.

(b) For each branch office, $100.

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. All sums so received by the Commissioner must be deposited in the State Treasury pursuant to the provisions of NRS 658.091.

Last modified: February 26, 2006