670A.130 - License to conduct business: Requirement; form; fee; regulations; withdrawal of application. - Nevada Statutes

670A.130  License to conduct business: Requirement; form; fee; regulations; withdrawal of application.

      1.  A corporation for economic revitalization and diversification shall obtain a license from the Commissioner before conducting any business. The application for the license must be on a form and be accompanied by a nonrefundable application fee of not more than $2,000.

      2.  The Commissioner shall adopt regulations establishing the amount of the application fee required pursuant to this section.

      3.  The Commissioner shall consider an application to be withdrawn if the Commissioner has not received all information and fees required to complete the application within 12 months after the date the application is first submitted to the Commissioner or within such later period as the Commissioner determines in accordance with any existing policies of joint regulatory partners. If an application is deemed to be withdrawn pursuant to this subsection or if an applicant otherwise withdraws an application, the Commissioner may not issue a license to the applicant unless the applicant submits a new application and pays any required fees.

      (Added to NRS by 1983, 1274; A 1983, 1645; 1987, 1949; 2005, 1853)