1. If the Department receives a copy of a court order issued pursuant to NRS 425.540 that provides for the suspension of all professional, occupational and recreational licenses, certificates and permits issued to a person who is the holder of a license as a broker, dealer, commission merchant or agent, the Department shall deem the license issued to that person to be suspended at the end of the 30th day after the date on which the court order was issued unless the Department receives a letter issued to the holder of the license by the district attorney or other public agency pursuant to NRS 425.550 stating that the holder of the license has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560.
2. The Department shall reinstate a license as a broker, dealer, commission merchant or agent that has been suspended by a district court pursuant to NRS 425.540 if the Department receives a letter issued by the district attorney or other public agency pursuant to NRS 425.550 to the person whose license was suspended stating that the person whose license was suspended has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560.
(Added to NRS by 1997, 2094; A 1999, 3710; 2005, 483)
Structure Nevada Revised Statutes
NRS 576.0115 - "Agent" defined.
NRS 576.0117 - "Agricultural product" defined.
NRS 576.012 - "Alternative livestock" defined.
NRS 576.0125 - "Broker" defined.
NRS 576.013 - "Cash buyer" defined.
NRS 576.0135 - "Commission merchant" defined.
NRS 576.014 - "Consignor" defined.
NRS 576.0145 - "Dealer" defined.
NRS 576.015 - "Department" defined.
NRS 576.0152 - "Director" defined.
NRS 576.0155 - "Farm products" defined.
NRS 576.016 - "Fixed and established place of business" defined.
NRS 576.0162 - "Free-sale certificate" defined.
NRS 576.0165 - "Immediate resale" defined.
NRS 576.017 - "Livestock" defined.
NRS 576.0175 - "Produce vendor" defined.
NRS 576.018 - "Producer" defined.
NRS 576.040 - Bonds and other security; penalty for selling or encumbering security for bond.
NRS 576.045 - Retention of money or securities deposited in lieu of bond after operations cease.
NRS 576.048 - Revocation for default; publication of notice of revocation.
NRS 576.050 - Annual license fee.
NRS 576.080 - Form and contents of licenses.
NRS 576.090 - Expiration of licenses.
NRS 576.095 - Licensing of other classifications without payment of fee.
NRS 576.110 - Investigation of transactions involving farm products.
NRS 576.123 - Records of commission merchants, dealers and brokers.
NRS 576.129 - Alternative livestock: Permit required; regulations of State Board of Agriculture.
NRS 576.133 - Cease and desist orders.
NRS 576.135 - Injunctions; restraining orders.
NRS 576.137 - Exemption for cash buyer purchasing for own use.
NRS 576.140 - Inapplicability of chapter.
NRS 576.150 - Civil and criminal penalties; venue; use of money collected.