NAC669.040. Initial licensing fees.  


Latest version.
  •      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)