§ 696A.185 — Annual filing requirements; fees and assessments; administrative penalty

Nevada § 696A.185

• Jurisdiction: Nevada
• Title 57: INSURANCE
• Ch. 696A: Motor

Text

1. Every motor club shall file with the Commissioner on or before March 1 of each year a report which summarizes its activities for the preceding calendar year. The report must be verified by at least two officers of the motor club.
2. The report must be on a form prescribed by the Commissioner and must include:
(a) A financial statement for the motor club, including its balance sheet and receipts and disbursements for the preceding calendar year;
(b) Any material changes in the information given in the previous report;
(c) The number of members enrolled in the year;
(d) The costs of all services provided for that year; and
(e) Any other information relating to the motor club requested by the Commissioner.
3. The motor club must pay to the Commissioner all applicable fees.
4. Every motor club shall file with the Commissioner on or before June 1 of each year a financial statement of the motor club certified by an independent public accountant.
5. Any motor club failing, without just cause beyond its reasonable control, to file timely the report or financial statement or to pay timely the fees as required by this section shall pay an administrative penalty of $100 per day until the report or statement is filed, except that the total penalty must not exceed $3,000. The Attorney General shall recover the penalty in the name of the State of Nevada.
6. A motor club is not exempt from the provisions of NRS 679B.700 .

Legislative History

(Added to NRS by 1987, 471 ; A 1991, 1635 , 2207 ; 1993, 613 ; 2007, 3331 ; 2009, 1823 )