Section 624.282 - Inactive status of license: Application; effect; duration; regulations1. A contractor may apply to the Board to have his or her license placed on inactive status. The Board may grant the application if the license is in good standing and the licensee has met all requirements for the issuance or renewal of a contractor's license as of the date of the application.2. If the application is granted, the licensee shall not engage in any work or activities that require a contractor's license in this State unless the licensee is returned to active status.3. A person whose license has been placed on inactive status pursuant to this section is exempt from:(a) The requirement to execute and maintain a bond pursuant to NRS 624.270; and(b) The requirement to qualify in regard to his or her experience and knowledge pursuant to NRS 624.260.4. The inactive status of a license is valid for 8 years after the date that the inactive status is granted.5. The Board shall not refund any portion of the renewal fee of a contractor's license that was paid before the license was placed on inactive status.6. The Board shall adopt regulations prescribing the: (a) Procedures for making an application pursuant to this section;(b) Procedures and terms upon which a person whose license has been placed on inactive status may resume work or activities that require a contractor's license; and(c) Fees for the renewal of the inactive status of a license.Added to NRS by 1999, 2177; A 2019, 2034Amended by 2019, Ch. 334,§4, eff. 10/1/2019.Added to NRS by 1999, 2177