Nevada Administrative Code
Chapter 645H - Asset Management Companies and Asset Managers
CERTIFICATES OF REGISTRATION AND PERMITS
Issuance and Renewal
Section 645H.260 - Refusal to renew

Universal Citation: NV Admin Code 645H.260

Current through December 31, 2024

1. The Division may refuse to renew a certificate of registration or permit if:

(a) The applicant has been convicted of, or entered a plea of guilty, guilty but mentally ill or nolo contendere to, forgery, embezzlement, obtaining money under false pretenses, larceny, extortion, conspiracy to defraud or possessing for the purpose of sale any controlled substance or any crime involving moral turpitude;

(b) The applicant fails to complete, sign and submit the statement required pursuant to NRS 645H.550; or

(c) The Division receives a copy of a court order issued pursuant to NRS 425.540 that provides for the suspension of all professional certificates and permits issued to the applicant.

2. If the Division refuses to renew a certificate of registration or permit because it receives a copy of a court order issued pursuant to NRS 425.540 that provides for the suspension of all professional certificates and permits issued to the applicant, the Division may subsequently renew the permit if the Division receives a letter issued by the district attorney or other public agency pursuant to NRS 425.550 stating that the applicant has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560.

3. If the Division, after an application to renew a certificate of registration or permit in proper form has been filed, accompanied by the proper fees, refuses to renew the certificate or permit, the Division will give notice of this fact to the applicant within 15 days after its ruling, order or decision. The applicant may petition the Division for reconsideration of its refusal in accordance with NAC 645H.570.

Added to NAC by Real Estate Div. by R147-12, eff. 6-3-2013

NRS 645H.290, 645H.500, 645H.540, 645H.550

Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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