645.380 - Issuance of license as broker required for certain members and officers of certain organizations. - Nevada Statutes

645.380  Issuance of license as broker required for certain members and officers of certain organizations.  Each member or officer of a limited-liability company, partnership or corporation who will perform or engage in any of the acts specified in NRS 645.030, other than the manager, member or officer designated for such purpose by the limited-liability company, partnership or corporation in the manner provided in NRS 645.370, must apply for and take out a separate broker’s license in his or her own name individually. The license issued to any such member or officer of a limited-liability company, partnership or corporation entitles the member or officer to act as a real estate broker only as an officer or agent of the limited-liability company, partnership or corporation and not on his or her own behalf except as otherwise provided in NRS 645.385.

      [Part 9:150:1947; 1943 NCL § 6396.09]—(NRS A 1983, 165; 1985, 1266; 1997, 168)