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)
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