Nevada § 618.770 - Assessments and fees: Establishment; collection; use
Full text of Nevada Nevada Revised Statutes § 618.770 — Assessments and fees: Establishment; collection; use, with citation guidance and answers to common questions.
§ 618.770. Assessments and fees: Establishment; collection; use
1. The costs of carrying out the provisions of NRS 618.750 to 618.850 , inclusive, must be paid from assessments payable by each insurer based upon expected
annual expenditures for claims. The Division shall adopt regulations which establish formulas of assessment which
result in an equitable distribution of costs among the insurers. 2. In addition, the Division shall by regulation establish a schedule of fees designed
to recover revenue to defray the costs of carrying out the provisions of NRS 618.750 to 618.850 , inclusive. The Division may collect fees for applications, the issuance and renewal of licenses,
examinations, the review and approval of training courses, job notifications and inspections,
recordkeeping, and any other activity of the Division related to the provisions of NRS 618.750 to 618.850 , inclusive. The fee for the issuance or renewal of a license must not exceed $200. 3. Any fees collected pursuant to this section must be used to offset the assessments
established pursuant to subsection 1. 4. As used in this section, “insurer” has the meaning ascribed to it in NRS 232.550 .
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 618.770
What does Nevada Revised Statutes § 618.770 cover?
Section 618.770 ("Assessments and fees: Establishment; collection; use") 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 § 618.770?
A common citation format is "Nevada Revised Statutes § 618.770" (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 § 618.770 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.