NRS 487.430 - License to operate salvage pool: Application; issuance; contents; posting; expiration; renewal; reinstatement; fees. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]

NV Rev Stat § 487.430 (2019) (N/A)

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1. The Department may approve or reject the application for a license to operate a salvage pool. If the Department receives the statement required pursuant to NRS 487.003 and approves the application, it shall issue to the applicant a license containing the applicant’s name and address, the name under which the business is to be conducted, the business address, and a distinguishing number assigned to the applicant.

2. A licensee shall post the license in a conspicuous place clearly visible to the general public at the business address set forth on the license.

3. A license expires on April 30 of each year.

4. Except as otherwise provided in subsection 5, a licensee may renew his or her license by submitting to the Department:

(a) A completed application for renewal upon a form supplied by the Department;

(b) The statement required pursuant to NRS 487.003; and

5. A license that expires for failure to renew before April 30 may be reinstated upon submission to the Department of:

(a) The application for renewal and statement specified in paragraphs (a) and (b) of subsection 4;

(b) The fee for renewal of a license provided in NRS 487.450; and

(c) A late fee of $25. Any fee collected by the Department pursuant to this paragraph must be deposited with the State Treasurer for credit to the Motor Vehicle Fund.

(Added to NRS by 1987, 1595; A 1989, 2023; 1997, 147, 1516, 2080; 2017, 958)

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NRS 487.420 - Bond: Requirement; amount; application for compensation; deposits in lieu of bond; disbursement to person injured by action of licensee; automatic suspension of license if deposit is reduced or outstanding judgment; reinstatement of license; refund.

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NRS 487.430 - License to operate salvage pool: Application; issuance; contents; posting; expiration; renewal; reinstatement; fees. [Effective on the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]