1. The Director shall set and collect a royalty for the use of The Great Seal of the State of Nevada from the mint which produces the medallions or bars. The amount of the royalty must be:
- (a) Based on the usual and customary fee charged as a commission by dealers of similar medallions or bars; and
- (b) Adjusted at least once each year to ensure it is competitive with the usual and customary fee.
- 2. The money collected pursuant to this section must be deposited in the Account for the Division of Minerals created pursuant to NRS 513.103.
(Added to NRS by 1989, 140; A 1991, 1758; 1993, 1537; 1999, 3620; 2015, 2767)