1. The Commissioner may appoint deputy commissioners of financial institutions, examiners, assistants, clerks, stenographers and other employees necessary to assist the Commissioner in the performance of the Commissioner’s duties pursuant to this title or any other law. These employees shall perform such duties as are assigned to them by the Commissioner.
2. The Commissioner shall employ a certified public accountant to review and conduct independent audits and examinations of financial institutions. The Commissioner shall levy an assessment upon each licensed financial institution to cover all of the costs related to the employment of the certified public accountant and the performance of the audits and examinations.
3. Assessments collected by the Commissioner pursuant to subsection 2 must be deposited in the State Treasury for credit to the Account for Auditing Financial Institutions, which is hereby created in the State General Fund. Money in the Account may be used by the Commissioner or for any purpose authorized by the Legislature. The Commissioner may advance money from the Account, for the purposes specified in subsection 2.
(Added to NRS by 1971, 966; A 1983, 1722; 1985, 447; 1987, 826, 1898; 1989, 919; 1991, 1806; 2010, 26th Special Session, 25)
Structure Nevada Revised Statutes
Chapter 658 - Supervision and Control
NRS 658.015 - Administration of provisions of certain chapters.
NRS 658.021 - Commissioner: Qualifications; restrictions on other employment.
NRS 658.025 - Commissioner prohibited from having interest in bank or regulated corporation.
NRS 658.035 - Oath of Commissioner.
NRS 658.065 - Oath of deputy commissioners.
NRS 658.085 - Advisory capacity of State Board of Finance.
NRS 658.091 - Deposit, use and disposition of money; Commissioner to administer account.
NRS 658.096 - Fees charged by Commissioner; regulations.
NRS 658.105 - Powers of Commissioner.
NRS 658.115 - Summary orders of Commissioner.
NRS 658.125 - Appeals to State Board of Finance.
NRS 658.135 - Attestation of licenses, orders and certificates.
NRS 658.145 - Power of Commissioner to offer rewards.
NRS 658.185 - Incidental powers of Commissioner.
NRS 658.195 - Right to sue and defend in actions involving banks; liability to suit.
NRS 658.200 - Nontraditional mortgage loan products; disclosures required.