NAC669.040. Initial licensing fees.
Latest version.
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1. The initial fee for a trust company with an initial stockholder’s equity of:
(a) Not less than $300,000 but not more than $500,000, is $750.
(b) More than $500,000 but not more than $1,000,000, is $1,125.
(c) More than $1,000,000, is $1,500.
2. In addition, each trust company must pay an initial fee of $150 for each branch office that is authorized by the Commissioner of Financial Institutions.
(Added to NAC by Comm’r of Financial Institutions by R109-06, eff. 6-28-2006)