Nevada Revised Statutes
Chapter 628B - Private Professional Guardians
NRS 628B.310 - Application for license: Requirements; fees; withdrawal; regulations. [Effective until the date on which the Commissioner of Financial Institutions notifies the Governor and the Director of the Legislative Counsel Bureau that the Natio...


1. An applicant for a license to engage in the business of a private professional guardian in this State must file with the Commissioner an application on a form prescribed by the Commissioner, which must contain or be accompanied by such information as is required.
2. A nonrefundable fee of not more than $750 must accompany the application. The applicant must also pay such reasonable additional expenses incurred in the process of investigation as the Commissioner deems necessary.
3. The application must contain:
(a) The name of the applicant and the name under which the applicant does business or expects to do business, if different.
(b) The complete business and residence addresses of the applicant.
(c) The character of the business sought to be carried on.
(d) The address of any location where business will be transacted.
(e) In the case of a firm or partnership, the full name and residence address of each member or partner and the manager.
(f) In the case of a corporation or voluntary association, the name and residence address of each director and officer and the manager.
(g) The name and residence address of each person who will be employed by the applicant as a private professional guardian pursuant to paragraph (a) of subsection 1 of NRS 159.0595.
(h) A statement by the applicant acknowledging that the applicant is required to comply with the provisions of NRS 159.0595 and 159A.0595 if issued a license.
(i) Any other information reasonably related to the applicant’s qualifications for the license which the Commissioner determines to be necessary.
4. Each application for a license must have attached to it a financial statement showing the assets, liabilities and net worth of the applicant and each person who will be employed by the applicant as a private professional guardian pursuant to paragraph (a) of subsection 1 of NRS 159.0595.
5. In addition to any other requirements, each natural person who acts in any capacity within a private professional guardian company shall, before acting in any such capacity, comply with the provisions of NRS 628B.315.
6. If the applicant is a corporation or limited-liability company, the articles of incorporation or articles of organization must contain:
(a) The name adopted by the private professional guardian company, which must distinguish it from any other private professional guardian company formed or incorporated in this State or engaged in the business of a private professional guardian in this State; and
(b) The purpose for which it is formed.
7. The Commissioner shall deem an application to be withdrawn if the Commissioner has not received all information and fees required to complete the application within 6 months after the date the application is submitted to the Commissioner. 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 the required fees.
8. The Commissioner shall adopt regulations establishing the amount of the fees required pursuant to this section, subject to the following limitations:
(a) An initial fee of not more than $1,500 for a license to transact the business of a private professional guardian; and
(b) A fee of not more than $300 for each branch office that is authorized by the Commissioner.
9. All money received by the Commissioner pursuant to this section must be placed in the Investigative Account for Financial Institutions created by NRS 232.545.
(Added to NRS by 2015, 2346; A 2017, 905, 2426)

1. An applicant for a license to engage in the business of a private professional guardian in this State must file with the Commissioner an application on a form prescribed by the Commissioner, which must contain or be accompanied by such information as is required.
2. A nonrefundable fee of not more than $750 must accompany the application. The applicant must also pay such reasonable additional expenses incurred in the process of investigation as the Commissioner deems necessary.
3. The application must contain:
(a) The name of the applicant and the name under which the applicant does business or expects to do business, if different.
(b) The complete business and residence addresses of the applicant.
(c) The character of the business sought to be carried on.
(d) The address of any location where business will be transacted.
(e) In the case of a firm or partnership, the full name and residence address of each member or partner and the manager.
(f) In the case of a corporation or voluntary association, the name and residence address of each director and officer and the manager.
(g) The name and residence address of each person who will be employed by the applicant as a private professional guardian pursuant to paragraph (a) of subsection 1 of NRS 159.0595.
(h) A statement by the applicant acknowledging that the applicant is required to comply with the provisions of NRS 159.0595 and 159A.0595 if issued a license.
(i) Any other information reasonably related to the applicant’s qualifications for the license which the Commissioner determines to be necessary.
4. Each application for a license must have attached to it a financial statement showing the assets, liabilities and net worth of the applicant and each person who will be employed by the applicant as a private professional guardian pursuant to paragraph (a) of subsection 1 of NRS 159.0595.
5. If the applicant is a corporation or limited-liability company, the articles of incorporation or articles of organization must contain:
(a) The name adopted by the private professional guardian company, which must distinguish it from any other private professional guardian company formed or incorporated in this State or engaged in the business of a private professional guardian in this State; and
(b) The purpose for which it is formed.
6. The Commissioner shall deem an application to be withdrawn if the Commissioner has not received all information and fees required to complete the application within 6 months after the date the application is submitted to the Commissioner. 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 the required fees.
7. The Commissioner shall adopt regulations establishing the amount of the fees required pursuant to this section, subject to the following limitations:
(a) An initial fee of not more than $1,500 for a license to transact the business of a private professional guardian; and
(b) A fee of not more than $300 for each branch office that is authorized by the Commissioner.
8. All money received by the Commissioner pursuant to this section must be placed in the Investigative Account for Financial Institutions created by NRS 232.545.
(Added to NRS by 2015, 2346; A 2017, 905, 2426; 2021, 2056, effective on the date on which the Commissioner of Financial Institutions notifies the Governor and the Director of the Legislative Counsel Bureau that the Nationwide Multistate Licensing System and Registry has sufficient capabilities to allow the Commissioner to carry out the provisions of chapter 347, Statutes of Nevada 2021, at page 2030)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 628B - Private Professional Guardians

NRS 628B.010 - Legislative findings and declarations.

NRS 628B.020 - Definitions.

NRS 628B.030 - "Business of a private professional guardian" defined.

NRS 628B.040 - "Commissioner" defined.

NRS 628B.050 - "Director" defined.

NRS 628B.060 - "Division" defined.

NRS 628B.070 - "Fiduciary" defined.

NRS 628B.075 - "Nationwide Multistate Licensing System and Registry" and "Registry" defined. [Effective on the date on which the Commissioner of Financial Institutions notifies the Governor and the Director of the Legislative Counsel Bureau that the...

NRS 628B.080 - "Private professional guardian" defined.

NRS 628B.090 - "Private professional guardian company" defined.

NRS 628B.100 - "Protected person" defined.

NRS 628B.110 - Applicability of chapter.

NRS 628B.200 - Administration and enforcement of chapter by Commissioner.

NRS 628B.210 - Regulations.

NRS 628B.220 - Maintenance by Commissioner of record of applications for licenses, bonds and issued and renewed licenses.

NRS 628B.230 - Confidentiality of application, personal or financial records and documents obtained pursuant to examination or in response to subpoena; disclosure.

NRS 628B.300 - Engaging in business without license unlawful.

NRS 628B.310 - Application for license: Requirements; fees; withdrawal; regulations. [Effective until the date on which the Commissioner of Financial Institutions notifies the Governor and the Director of the Legislative Counsel Bureau that the Natio...

NRS 628B.315 - Submission of fingerprints; fee; regulations.

NRS 628B.320 - Payment of child support: Submission of certain information by applicant; grounds for denial of license; duty of Commissioner. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establis...

NRS 628B.330 - Investigation of applicant; factors for consideration in Commissioner’s decision on application.

NRS 628B.340 - Approval of application.

NRS 628B.350 - Denial of application; opportunity to cure defect or deficiency; notice and hearing; final order for purposes of judicial review.

NRS 628B.360 - Issuance of license; contents of license.

NRS 628B.370 - Renewal of license: Application; fees; issuance; exception if revocation or suspension proceeding is pending; regulations. [Effective until the date on which the Commissioner of Financial Institutions notifies the Governor and the Dire...

NRS 628B.380 - License not transferable or assignable; authority to merge or consolidate with, or transfer assets and control to other licensee with approval of Commissioner; report of certain changes to Commissioner; approval of Commissioner; cost o...

NRS 628B.390 - Cancellation of license for discontinuance of business: Submission of evidence of release and discharge of obligations; entry of order; provision of copy of order to district courts.

NRS 628B.450 - Commissioner authorized to take action to participate; charges for use; regulations; provisions do not replace or affect authority of Commissioner regarding licensing. [Effective on the date on which the Commissioner of Financial Insti...

NRS 628B.460 - Submission and processing of fingerprints. [Effective on the date on which the Commissioner of Financial Institutions notifies the Governor and the Director of the Legislative Counsel Bureau that the Nationwide Multistate Licensing Sys...

NRS 628B.470 - Commissioner required to report certain information or material; confidentiality of information or material provided; Commissioner authorized to enter into certain agreements and arrangements. [Effective on the date on which the Commis...

NRS 628B.480 - Additional materials required to be submitted. [Effective on the date on which the Commissioner of Financial Institutions notifies the Governor and the Director of the Legislative Counsel Bureau that the Nationwide Multistate Licensing...

NRS 628B.490 - Licensee required to register and maintain unique identifier; Commissioner authorized to issue license through Registry; references to Commissioner deemed references to Registry. [Effective on the date on which the Commissioner of Fina...

NRS 628B.500 - Scope of authority.

NRS 628B.510 - Display of license.

NRS 628B.520 - Duty to maintain principal office in State; requirements.

NRS 628B.530 - Foreign branch offices of licensees and branch offices of foreign private professional guardian companies: Approval required; fees.

NRS 628B.540 - Bonds; insurance.

NRS 628B.550 - Fiduciary duty; prohibited transactions or interests; voidable transactions; additional remedies; appointment and review of guardianships; filing of reports with court.

NRS 628B.560 - Requirements for guardianship accounts for protected persons; recordkeeping requirements; examination of records and accounts by Commissioner; authority of Commissioner to require submission of audited financial statement and to issue...

NRS 628B.570 - Written report of examination of accounts and records: Preparation; contents.

NRS 628B.580 - Written report of examination of accounts and records: Distribution; notice of conditions to be corrected; service of copy to court.

NRS 628B.590 - Authority of Commissioner to require licensee to submit annual financial statement or audit; annual submission of ledger of stockholders or list of members and managers; fee for noncompliance; regulations. [Effective until the date on...

NRS 628B.600 - Authority of Commissioner to require immediate removal of officer, director, manager or employee; grounds; appeal; notice and hearing; entry of order; final order for purposes of judicial review.

NRS 628B.700 - Authorized actions of Commissioner; grounds.

NRS 628B.710 - Immediate suspension of license: Grounds; procedure; provision of copy of order to district courts.

NRS 628B.720 - Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license. [Effective until 2 years after the date of the repeal of 42 U.S.C. § 666, the federal law requiring each sta...

NRS 628B.730 - Revocation or suspension of license: Notice and hearing; grounds; action by Commissioner after hearing; provision of copy of order to district courts.

NRS 628B.740 - Revocation of license for failure to open or maintain business; provision of copy of order to district courts.

NRS 628B.750 - Alleged violations by licensee: Complaint; investigation; provision of copy and notice of informal hearing to subject and Attorney General; verified answer; action by Commissioner after informal hearing.

NRS 628B.760 - Records of Commissioner: Certain records relating to complaint and investigation deemed confidential; certain records relating to disciplinary action deemed public records.

NRS 628B.900 - Knowing or willful neglect to perform required act or duty or failure to satisfy material lawful requirement made by Commissioner; penalty.

NRS 628B.910 - Administrative fines; limitation.

NRS 628B.920 - Use of term "private professional guardian" or "guardianship services" as part of business name or in advertising by unlicensed person prohibited.

NRS 628B.930 - Unlicensed activity: Complaint; investigation; order to cease and desist; administrative fine or written agreement to cease and desist; lawsuit to recover fine; cumulative penalty.

NRS 628B.940 - Violation or potential violation of chapter: Order to cease and desist or refrain; injunctive action; appointment and duties of receiver of impounded property or business.