NRS 684A.080 - Licensing of business entity.

NV Rev Stat § 684A.080 (2019) (N/A)

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1. Any business entity to whom a license is issued or renewed must:

(a) Be eligible to declare this State as its home state;

(b) Designate a licensed adjuster to be responsible for the compliance of the business entity with the insurance laws, rules and regulations of this State; and

(c) Never have committed any act that is a ground for refusal to issue, suspension or revocation of a license pursuant to NRS 683A.451.

2. If the business entity is a firm or a corporation, transaction of business under the license must be within the purposes stated in the firm’s partnership agreement or the corporation’s charter, as applicable.

3. The licensee shall promptly notify the Commissioner in writing of all changes among its members, directors, officers and other natural persons designated pursuant to subsection 1 or NRS 684A.090.

(Added to NRS by 1971, 1663; A 1985, 1066; 2005, 2128; 2017, 172)

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NRS 684A.070 - Qualifications for license for natural person; waiver of certain requirements by Commissioner authorized; regulations. [Effective January 1, 2020.]

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NRS 684A.090 - Application for license; penalty. [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.]