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)