Nev. Admin. Code § 356.180

Current through October 11, 2024
Section 356.180 - Collateral pools: Administrative fines

The State Treasurer will impose an administrative fine not to exceed:

1. One hundred dollars per day against a depository that willfully fails to submit a report required pursuant to NAC 356.140 by the deadline established by the State Treasurer for submission of the report.
2. Two hundred fifty dollars per day against a depository that willfully fails to maintain the minimum amount of acceptable securities as collateral that is required in an agreement executed pursuant to NAC 356.120.

Nev. Admin. Code § 356.180

Added to NAC by St. Treasurer by R028-04, eff. 6-30-2004

NRS 356.350, 356.360, 356.390