1.  Each business trust required to file the list and pay the fee prescribed in NRS 88A.600 to 88A.665, inclusive, which refuses or neglects to do so within the time provided shall be deemed in default.

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

2.  For default, there must be added to the amount of the fee a penalty of $75. The fee and penalty must be collected as provided in this chapter.