Nevada Revised Statutes 686A.360 – Application for license: Form; fees; bond; required documents; provision of material changes to Commissioner
1. An application for a license to engage in the business of a company must be filed with the Commissioner on a form prescribed by the Commissioner and must include:
Terms Used In Nevada Revised Statutes 686A.360
- 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.
- Service of process: The service of writs or summonses to the appropriate party.
(a) A nonrefundable fee for application and for investigation of the applicant of $500 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110;
(b) A surety bond which complies with NRS 679B.175 and is in an amount determined by the Commissioner;
(c) A current certified financial statement or another financial statement if individually approved by the Commissioner;
(d) An appointment of the Commissioner and the successors in office of the Commissioner as the applicant’s attorney to receive service of process; and
(e) If the applicant is a corporation, a copy of its articles of incorporation.
2. The applicant shall provide the Commissioner with any material change concerning information contained in the application within 10 days after the change occurs.