Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
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 collection1. 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:(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.Added to NRS by 2013, 2722Added by 2013, Ch. 462,§7.4, eff. 7/1/2013, op. 1/1/2014.