NRS 482.3331 - Director to consider certain matters before renewing license of broker; authority of Director to require bond.

NV Rev Stat § 482.3331 (2019) (N/A)

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The Director shall, before renewing any license issued pursuant to NRS 482.333, consider:

1. The number and types of complaints received against a broker by the Department; and

2. Any administrative fines imposed upon the broker by the Department pursuant to NRS 482.554 and 482.565,

and may require the broker to provide a good and sufficient bond in the amount set forth in subsection 1 of NRS 482.345 for each category of vehicle for which services are provided at each place of business and in each county in which the broker is licensed to do business.

(Added to NRS by 1995, 2363; A 2007, 3208)

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NRS 482.333 - Brokers: Licensing; fees; renewal or reinstatement of license; disclosure of financial records; penalty. [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.]

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NRS 482.3333 - Brokers: Duty to procure and file bond with Department; amount of bond; use of bond to cover multiple categories of vehicles; requirements for bond; recourse for consumers injured by broker or employee.

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