Nevada § 612.740 - Forfeits and interest
Full text of Nevada Nevada Revised Statutes § 612.740 — Forfeits and interest, with citation guidance and answers to common questions.
§ 612.740. Forfeits and interest
1. Any employing unit or any officer or agent of any employing unit or any other person
who fails to submit such reports as are prescribed and required by the Administrator
within the time prescribed by the Administrator shall pay a forfeit of $5 for each
such report. 2. Any employing unit or any officer or agent of any employing unit or any other person
who fails to submit any report of wages within 10 days following the expiration of
the time prescribed by the Administrator for filing the report shall, in addition
to the $5 forfeit specified in subsection 1, pay interest upon the wages subject to
contributions involved in the report of one-tenth of 1 percent for each month or portion
of each month thereafter until the report has been filed, except that when it appears
to the satisfaction of the Administrator that the failure to file reports within the
time prescribed was due to circumstances over which the employing unit, its officers
or agent had no control, then the Administrator may, in his or her discretion, waive
the collection of all or any portion of such forfeit or interest. 3. Forfeits and interest as provided in this section must be paid into the Employment
Security Fund.
Frequently Asked Questions About Nevada § 612.740
What does Nevada Revised Statutes § 612.740 cover?
Section 612.740 ("Forfeits and interest") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 612.740?
A common citation format is "Nevada Revised Statutes § 612.740" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 612.740 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.