Nevada Administrative Code
Chapter 119A - TIME SHARES
LICENSING
Section 119A.130 - Project broker: Duties, refund and transfer of employees upon termination of license

Universal Citation: NV Admin Code 119A.130
Current through September 16, 2024

If the project broker fails to renew his or her license or it is cancelled, suspended or revoked, the project broker shall notify all broker-salespersons, salespersons and sales agents employed by the project broker and deliver the license to the Division with the licenses of such employees. The employees may, upon proper application and payment of the required fee, transfer to the employ of another project broker within 30 days without need to submit current fingerprint cards. The Division will not make a refund when a license is cancelled, suspended, revoked or otherwise terminated.

Added to NAC by Real Estate Div., eff. 12-3-84; A by R130-16A, eff. 11/13/2017; A by R130-16AP, eff. 8/30/2018

NRS 119A.190

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