1.  A registrant required to obtain a state business license issued by the Secretary of State pursuant to chapter 76 of NRS shall:

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(a) Obtain a state business license before offering a document preparation service; and

(b) Maintain a state business license during the period of the registrant’s registration as a document preparation service.

2.  Each registrant shall display conspicuously in the registrant’s place of business a copy of:

(a) The state business license issued to the registrant or the registrant’s employer, as applicable, by the Secretary of State pursuant to chapter 76 of NRS; and

(b) Any business license issued to the registrant or the registrant’s employer, as applicable, by a local government in this State.