NRS622.240. Renewal of license; duties of applicant with state business license; applicant that owes debt that has been assigned to State Controller for assignment; definitions. [Effective January 1, 2014.]  


Latest version.
  •       1.  In addition to any other requirements set forth in this title, an applicant for the renewal of a license shall indicate in the application submitted to the regulatory body whether the applicant has a state business license. If the applicant has a state business license, the applicant must include in the application the state business license number assigned by the Secretary of State upon compliance with the provisions of chapter 76 of NRS.

          2.  A regulatory body may not renew a license if:

          (a) The applicant fails to submit the information required by subsection 1; or

          (b) The State Controller has informed the regulatory body 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:

                 (1) Satisfied the debt;

                 (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, 2745, effective January 1, 2014)