NRS 90.377
Application for renewal of license to include information relating to state business license

  • denial of renewal for unpaid debt assigned to State Controller for collection.

1.

In addition to any other requirements set forth in this chapter, an applicant for the renewal of a license as a broker-dealer, sales representative, investment adviser, representative of an investment adviser or transfer agent must indicate in the application submitted to the Administrator whether the applicant has a state business license. If the applicant has a state business license, the applicant must include in the application the business identification number assigned by the Secretary of State pursuant to NRS 225.082.

2.

A license as a broker-dealer, sales representative, investment adviser, representative of an investment adviser or transfer agent may not be renewed by the Administrator if:

(a)

The applicant fails to submit the information required by subsection 1; or

(b)

The State Controller has informed the Administrator pursuant to subsection 5 of NRS 353C.1965 that the applicant owes a debt to an agency that has been assigned to the State Controller for collection and the applicant has not:

(1)

Satisfied the debt;

(2)

Entered into an agreement for the payment of the debt pursuant to NRS 353C.130; or

(3)

Demonstrated that the debt is not valid.

3.

As used in this section:

(a)

“Agency” has the meaning ascribed to it in NRS 353C.020.

(b)

“Debt” has the meaning ascribed to it in NRS 353C.040.

Source: Section 90.377 — Application for renewal of license to include information relating to state business license; denial of renewal for unpaid debt assigned to State Controller for collection., https://www.­leg.­state.­nv.­us/NRS/NRS-090.­html#NRS090Sec377.

Last Updated

Jun. 24, 2021

§ 90.377’s source at nv​.us