§ 645F.290 — Assessments paid by persons licensed by Commissioner or Division for legal services provided by Attorney General to Commissioner and Division

Nevada § 645F.290

• Jurisdiction: Nevada
• Title 54: PROFESSIONS, OCCUPATIONS AND BUSINESSES
• Ch. 645F: Mortgage

Text

1. The Commissioner shall collect an assessment pursuant to this section from each person licensed by the Commissioner or the Division.
2. The Commissioner shall determine the total amount of all assessments to be collected from the persons identified in subsection 1, but that amount must not exceed the amount necessary to recover the cost of legal services provided by the Attorney General to the Commissioner and to the Division. The total amount of all assessments collected must be reduced by any amounts collected by the Commissioner from a person for the recovery of the costs of legal services provided by the Attorney General in a specific case.
3. The Commissioner shall collect from each person identified in subsection 1 an assessment that is based on:
(a) An equal basis; or
(b) Any other reasonable basis adopted by the Commissioner.
4. The assessment required by this section is in addition to any other assessment, fee or cost required by law to be paid by a person identified in subsection 1.
5. Money collected by the Commissioner pursuant to this section must be deposited in the Account for Mortgage Lending created by NRS 645F.270 .

Legislative History

(Added to NRS by 2003, 3538 ; A 2003, 20th Special Session, 258 ; 2009, 1459 , 2689 ; 2011, 3637 )