Nevada Revised Statutes 696A.260 v2 – License: Contents of application. [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 professiona…
1. An application for a license as a club agent must be submitted to the Commissioner upon forms prescribed and furnished by the Commissioner. If the applicant is a natural person, the application must include the social security number of the applicant. As a part of, or in connection with, any application, the applicant shall furnish information concerning his or her identity, personal history, experience, business record and other pertinent facts which the Commissioner may reasonably require.
Terms Used In Nevada Revised Statutes 696A.260 v2
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
2. If the applicant is a firm, partnership or corporation, the application, in addition to the requirements of subsection 1, shall:
(a) Contain the names of all members and officers of the firm, partnership or corporation; and
(b) Designate who is to exercise the powers to be conferred by the license on the firm, partnership or corporation.
3. The Commissioner shall require each natural person of a firm, partnership or corporation to furnish information to the Commissioner as though applying for an individual license.
4. Any person willfully misrepresenting any fact required to be disclosed in any application is subject to the penalties provided in NRS 696A.350.