452.590 - Acquisition of existing cemetery authority: Requirements and fees for certificate of approval. - Nevada Statutes

452.590  Acquisition of existing cemetery authority: Requirements and fees for certificate of approval.

      1.  A person who proposes to purchase or acquire control of an existing cemetery authority, either by purchase of the outstanding capital stock of a cemetery authority or the interest of the owner or owners, and thereby to change the control of the cemetery authority, shall first make application to the Board for a certificate of approval of the proposed change of control in the cemetery authority.

      2.  The application must contain the name and address of the proposed new owners, and the Board may only issue a certificate of approval after it is reasonably satisfied that the proposed new owners are qualified by character, experience and business and financial reputability and responsibility to control and operate the cemetery in a suitable and proper manner, and that the interest of the public generally will not be jeopardized by the proposed change in ownership and management. The Board shall not issue a certificate of approval without the approval of the Administrator.

      3.  The application must be accompanied by a filing and investigation fee of $250 and any other fees related to the application. No part of the fees is refundable.

      (Added to NRS by 1971, 2071; A 1993, 2609; 2003, 1281)