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NRS 628B.390 - Cancellation of license for discontinuance of business: Submission of evidence of release and discharge of obligations; entry of order; provision of copy of order to district courts.

NV Rev Stat § 628B.390 (2019) (N/A)
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1. If any private professional guardian company wishes to discontinue its business, the company shall furnish to the Commissioner satisfactory evidence of the release and discharge from all obligations which the company has assumed or which have been imposed by law. Thereafter, the Commissioner shall enter an order cancelling the license of the private professional guardian company.

2. If the Commissioner enters an order cancelling a license pursuant to this section, the Commissioner shall send a copy of the order to each district court in this State.

(Added to NRS by 2015, 2352)

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NRS 628B.380 - License not transferable or assignable; authority to merge or consolidate with, or transfer assets and control to other licensee with approval of Commissioner; report of certain changes to Commissioner; approval of Commissioner; cost of investigation.
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