Section 355.510 - Notice of appeal by scrutinized company; hearing; effect of reversal or affirmation of determination1. Within 10 days after the date on which a company received notice of the determination that it was identified as a scrutinized company pursuant to subsection 5 of NAC 355.505, the company may file a notice of appeal of the determination with the State Treasurer. A notice of appeal must include, without limitation, a written statement of any reason why the company believes that it is not a scrutinized company and any evidence that substantiates its written statement. 2. Within 20 days after the date on which the State Treasurer receives a notice of appeal pursuant to subsection 1, the State Treasurer or his or her designee will hold a hearing on the appeal. The State Treasurer or his or her designee will serve as the hearing officer for such a hearing. 3. If the State Treasurer or his or her designee reverses the determination on appeal, the company: (a) Will not be identified as a scrutinized company; and (b) If the company has been included on the list of scrutinized companies created pursuant to NRS 355.335, will be removed from that list not later than 10 days after the date on which the appeal was upheld. 4. If the State Treasurer or his or her designee affirms the determination, the company will be included on the list of scrutinized companies when the list is next updated pursuant to subsection 3 of NRS 355.335.Nev. Admin. Code § 355.510
Added to NAC by St. Bd. of Finance by R141-18A, eff. 8/21/2019