Nevada Administrative Code (Last Updated: January 6, 2015)

NAC678.160. Fee for license.

Latest version.

     1. Not later than January 31 of each year, each credit union shall pay to the Division a license fee of $300.

     2. A credit union which has been chartered under the laws of another jurisdiction and converts to a credit union chartered under the laws of this State shall pay a percentage of the license fee based on the number of days remaining in the year, assuming a 360-day year, and the total assets of the credit union as of the end of the month before the conversion. The prorated fee is due within 30 days after the conversion.

     3. A credit union which receives a new charter, other than by conversion, is not required to pay the license fee until January 31 following its receipt of the charter.

[Comm’r of Credit Unions, § A subsec. 5; A and renumbered as § B, 12-14-78; A 2-6-81]—(NAC A by Admstr. of Financial Institutions, eff. 6-29-84; A by Comm’r of Financial Institutions, eff. 4-20-88; R002-00, 3-13-2000; R110-06, 6-28-2006)

                    
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