1. Each licensee shall register with and maintain a valid unique identifier with the Registry.
2. The Commissioner may, on behalf of the Division, issue a license through the Registry.
3. To the extent that the Commissioner has delegated to the Registry any of his or her duties or the duties of the Division with respect to the issuance and renewal of licenses as authorized by the provisions of this chapter, any reference to the Commissioner or the Division in this chapter shall be deemed to be a reference to the Registry.
4. As used in this section, "unique identifier" means a number or other identifier assigned by the protocols established by the Registry.
(Added to NRS by 2021, 2061, 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
Chapter 645G - Exchange Facilitators
NRS 645G.020 - "Commissioner" defined.
NRS 645G.030 - "Division" defined.
NRS 645G.040 - "Exchange facilitator" defined.
NRS 645G.050 - "Financial institution" defined.
NRS 645G.060 - "Licensee" defined.
NRS 645G.120 - License required for certain members and officers of certain business organizations.
NRS 645G.150 - Branch offices.
NRS 645G.160 - Display of license.
NRS 645G.170 - Designation of exchange facilitator officer.
NRS 645G.220 - Fees; regulations.
NRS 645G.230 - Audit of licensees; report to Legislature.
NRS 645G.300 - Client’s money and property: Fiduciary duty of licensee.
NRS 645G.310 - Money held for client: Written approval required for withdrawal.
NRS 645G.320 - Fidelity bond or deposit.
NRS 645G.350 - Exchange funds required to be kept separate.
NRS 645G.360 - Exchange funds not subject to execution or attachment; commingling prohibited.
NRS 645G.400 - Deposit of money received by Commissioner.
NRS 645G.410 - Deposit and use of money received by Division from civil penalty.
NRS 645G.500 - Investigation of actions of exchange facilitators and other persons.
NRS 645G.510 - Confidentiality of certain records of Division; exception.
NRS 645G.520 - Limitations on suspension and reissuance of license after revocation.
NRS 645G.535 - Revocation, suspension or denial of renewal of license: Complaint; notice of hearing.
NRS 645G.545 - Revocation, suspension or denial of renewal of license: Hearing; transcript.
NRS 645G.555 - Fees and mileage for witness.
NRS 645G.560 - Enforcement of subpoenas.
NRS 645G.900 - Prohibited acts; penalties; injunctive relief.