- 1. Once each fiscal year, the State Treasurer shall levy a pro rata assessment against each depository that participated in the program established pursuant to NRS 356.350 at any time during the immediately preceding fiscal year.
- 2. The amount of the assessment levied pursuant to subsection 1 must be based on the average weekly deposits of public money held by a depository.
3. The State Treasurer shall provide to each depository a notice setting forth:
- (a) The amount of the assessment levied against the depository pursuant to subsection 1; and
- (b) The provisions of NRS 356.380.
(Added to NRS by 2003, 20th Special Session, 286; A 2019, 671)