1. The Department may approve or reject the application for a license to operate a salvage pool and, if approved, 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; and

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

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 specified in paragraph (a) 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, 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)