Each member or officer of a partnership, limited partnership, limited-liability partnership, limited-liability limited partnership or limited-liability company, or a corporation who will perform or engage in any of the acts specified in NRS 489.076, 489.081, 489.102, 489.115 or 489.147, other than the member or officer designated for that purpose by the partnership, limited partnership, limited-liability partnership, limited-liability limited partnership, limited-liability company, or the corporation, in the manner provided in NRS 489.343, must apply for and take out a separate manufacturer’s, dealer’s, distributor’s, general serviceperson’s or specialty serviceperson’s license in his or her own name. The license issued to any such member or officer of a partnership, company or corporation entitles the member or officer to act as a manufacturer, dealer, distributor, general serviceperson or specialty serviceperson only as an officer or agent of the partnership, limited partnership, limited-liability partnership, limited-liability limited partnership, limited-liability company, or corporation and not on his or her own behalf.

Terms Used In Nevada Revised Statutes 489.344

  • 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.
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