NAC645F.410. Fee for supervision and related activities: Amount; collection; failure to pay; accounting of time billed.

     1. Except as otherwise provided in this subsection, the Commissioner will charge and collect a fee of $60 per hour from each licensee for any supervision, examination, audit, investigation or hearing conducted pursuant to this chapter or chapter 645F of NRS. The Commissioner may charge a fee equivalent to the estimated or actual fee charged to the Commissioner for the time of an attorney required in any examination, investigation or hearing conducted pursuant to this chapter or chapter 645F of NRS.

     2. The Commissioner will bill each licensee upon the completion of the activity for the fee established in subsection 1. The fee must be paid within 30 calendar days after the date the bill is received by the licensee. Except as otherwise provided in this subsection, any payment received after that date must include a penalty of 10 percent of the fee plus an additional 1 percent of the fee for each complete month, or portion of the last month, that the fee is not paid. The Commissioner may waive the penalty for good cause.

     3. The failure of a licensee to pay the fee required in subsection 1 constitutes grounds for the imposition of any discipline authorized pursuant to this chapter or chapter 645F of NRS, including, without limitation, revocation of his or her license.

     4. Upon written request by a licensee, the Commissioner will provide an accounting of the time billed to the licensee pursuant to this section.

     (Added to NAC by Comm’r of Mortgage Lending by R052-09, eff. 8-25-2009)