Section 76.173 - Suspension of state business license for owing debt to certain agencies1. The Secretary of State shall suspend a state business license if the State Controller has informed the Secretary of State pursuant to subsection 5 of NRS 353C.1965 that the holder of the state business license owes a debt to an agency that has been assigned to the State Controller for collection and the holder has not: (b) Entered into an agreement for the payment of the debt pursuant to NRS 353C.130; or(c) Demonstrated to the State Controller that the debt is not valid.2. The Secretary of State shall reinstate a state business license that was suspended pursuant to subsection 1 if the State Controller notifies the Secretary of State in writing that the holder of the state business license has:(b) Entered into an agreement for the payment of the debt pursuant to NRS 353C.130; or(c) Demonstrated to the State Controller 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.Added to NRS by 2021, 2273Added by 2021, Ch. 381,§1, eff. 7/1/2021.