NRS 576.020 – Acting as broker, dealer, commission merchant or agent without license prohibited; license not required for cash buyer or agent of cash buyer.
1. A person shall not act as a broker, dealer, commission merchant or agent without having obtained a license from the Department as provided in this chapter. 2. A cash buyer or an agent of a cash buyer is not required to obtain a license pursuant to this chapter before acting as a cash buyer […]
NRS 576.030 – Application for license: Contents; additional requirements for agents; appointment of Director as attorney upon whom process may be served. [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.] Application for license: Contents; additional requirements for agents; appointment of Director as attorney upon whom process may be served. [Effective on 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.]
1. Every person, before acting as a broker, dealer, commission merchant or agent, shall file an application with the Department for a license to transact such business. Separate applications must be filed for each class of business. 2. The application must be on a form prescribed and furnished by the Department and must set forth: […]
NRS 576.032 – Additional requirements for issuance and renewal of license: Statement regarding obligation of child support; grounds for denial of license; duty of Department. [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.]
1. A natural person who applies for the issuance or renewal of a license as a broker, dealer, commission merchant or agent shall submit to the Department the statement prescribed by the Division of Welfare and Supportive Services of the Department of Health and Human Services pursuant to NRS 425.520. The statement must be completed […]
NRS 576.035 – Previous convictions and violations by applicant may be considered as adverse showing of character, responsibility and good faith; rejection of application for certain period after date of adjudication for bankruptcy or collection by court order.
1. A previous conviction of a felony, previous bankruptcy, voluntary or involuntary, or previous violation of this chapter may be considered by the Department as adverse to a showing of character, responsibility or good faith on the part of an applicant for a license as a broker, dealer, commission merchant or agent. 2. Any person […]
NRS 576.037 – Petition to review criminal history to determine if criminal history disqualifies applicant.
1. The Department shall develop and implement a process by which a person with a criminal history may petition the Department to review the criminal history of the person to determine if the person’s criminal history will disqualify the person from obtaining a license as a broker, dealer, commission merchant or agent pursuant to NRS […]
NRS 576.040 – Bonds and other security; penalty for selling or encumbering security for bond.
1. Each applicant to whom a license to act as a dealer, broker or commission merchant is issued shall: (a) File one of the following: (1) A bond of a surety company authorized to do business in this state. (2) A bond with individual sureties owning unencumbered real property within this state subject to execution […]
NRS 576.042 – Civil action for violation of chapter or misrepresentation or fraud; limitation of actions; service of process.
1. Any: (a) Producer of livestock or farm products or the producer’s agent or consignee or produce vendor; (b) Licensed broker, dealer or commission merchant; or (c) Nonprofit organization or association, including the Nevada Mineral Exhibition, 4-H clubs, the Future Farmers of America, the Nevada Junior Livestock Show, the Nevada State Livestock Show and the […]
NRS 576.045 – Retention of money or securities deposited in lieu of bond after operations cease.
If any licensed dealer, broker or commission merchant for any reason ceases to operate as such, the amount of money or securities deposited in lieu of a bond must be retained by the Department for 1 year. If after the expiration of 1 year after the cessation of such operation, no legal action has been […]
NRS 576.0152 – “Director” defined.
“Director” means the Director of the Department. (Added to NRS by 1999, 3703)
NRS 576.048 – Revocation for default; publication of notice of revocation.
1. If the Department receives notice from a producer of livestock or farm products or the producer’s agent or consignee or produce vendor of the default of a licensed dealer, broker or commission merchant, the Department shall issue an order to the licensee to show cause why his or her license should not be revoked. […]