1. In addition to any other requirements set forth in this chapter, each applicant must submit:
(a) Proof satisfactory to the Commissioner that the applicant:
(1) Has a good reputation for honesty, trustworthiness and integrity and is competent to transact the business for which the applicant seeks to be licensed in a manner which protects the interests of the general public.
(2) Has not made a false statement of material fact on the application for the license.
(3) Has not committed any of the acts specified in subsection 2.
(4) Has not had a license issued pursuant to this chapter suspended or revoked within the 10 years immediately preceding the date of the application.
(5) Has not been convicted of, or entered a plea of nolo contendere to, a felony or any crime involving fraud, misrepresentation or moral turpitude.
(b) A complete set of his or her fingerprints and written permission authorizing the Division of Financial Institutions of the Department of Business and Industry to forward the fingerprints to the Central Repository for Nevada Records of Criminal History for submission to the Federal Bureau of Investigation for its report.
2. In addition to any other lawful reasons, the Commissioner may refuse to issue a license to an applicant if the applicant:
(a) Has committed or participated in any act which, if committed or done by a holder of a license, would be grounds for the suspension or revocation of the license.
(b) Has previously been refused a license pursuant to this chapter or has had such a license suspended or revoked.
(c) Has participated in any act which was a basis for the refusal or revocation of a license pursuant to this chapter.
(d) Has falsified any of the information submitted to the Commissioner in support of the application for the license.
(Added to NRS by 2005, 1873)
Structure Nevada Revised Statutes
NRS 673.0054 - "Commissioner" defined.
NRS 673.0056 - "Cooperative housing corporation" defined.
NRS 673.0057 - "Deposit" defined.
NRS 673.00575 - "Deposit account" defined.
NRS 673.00577 - "Depository institution" defined.
NRS 673.0065 - "Director" defined.
NRS 673.0075 - "Division of Financial Institutions" defined.
NRS 673.0077 - "Federal savings bank" defined.
NRS 673.008 - "Foreign" defined.
NRS 673.0155 - "Insolvency" or "insolvent" defined.
NRS 673.016 - "Insured depository institution" defined.
NRS 673.017 - "Investment certificate" defined.
NRS 673.0175 - "Main office" defined.
NRS 673.0185 - "Merger" defined.
NRS 673.0313 - "Savings association" defined.
NRS 673.0317 - "Savings bank" defined.
NRS 673.0321 - "Service office" defined.
NRS 673.0323 - "State bank" or "commercial bank" defined.
NRS 673.034 - "Withdrawal value" defined.
NRS 673.035 - Administration of chapter.
NRS 673.039 - Records of Commissioner.
NRS 673.040 - Commissioner to supervise and make policy.
NRS 673.0435 - Commissioner may secure injunctions and restraining orders.
NRS 673.045 - Amendment or alteration of license by Commissioner; appeal.
NRS 673.048 - Suspension or revocation of license: Additional grounds.
NRS 673.049 - Authority of Commissioner to issue subpoenas and require attendance of parties.
NRS 673.060 - Deposit of money in State Treasury; payment of expenses; exceptions.
NRS 673.113 - Surety bond of savings bank.
NRS 673.115 - Restrictions on advertising.
NRS 673.117 - Use or change of business name; prohibitions.
NRS 673.207 - Directors: Number; filling of vacancies; amendment of bylaws.
NRS 673.208 - Persons requiring Commissioner’s approval to serve as director.
NRS 673.209 - Removal of director, officer or employee on objection of Commissioner.
NRS 673.211 - Removal of director for cause.
NRS 673.212 - Standard of conduct in discharge of duties of directors and officers.
NRS 673.214 - Election of officers.
NRS 673.215 - Directors: Meetings; quorum.
NRS 673.218 - Pensions and retirement plans for officers and employees.
NRS 673.219 - Directors: Approval of depositary for money of savings bank.
NRS 673.221 - Unlawful acts; penalty.
NRS 673.2211 - Liability of directors, officers or other persons.
NRS 673.227 - Land and office buildings of savings bank; limitation on costs.
NRS 673.250 - Licenses for issuance or sale of stock; contents and conditions of licenses.
NRS 673.260 - Annual license: Fees; renewal; penalty; regulations.
NRS 673.276 - Permissible investments.
NRS 673.2766 - Investments in real property for subdivision or residential development.
NRS 673.279 - Purchases of real property contracts; conditions.
NRS 673.280 - Certain federal obligations are legal investments.
NRS 673.301 - Savings bank may issue capital notes; voting rights of holders.
NRS 673.302 - Limitation on borrowing.
NRS 673.318 - Appraisal or evaluation of real estate at time of acquisition.
NRS 673.324 - Permissible loans.
NRS 673.3271 - Loans to one borrower.
NRS 673.332 - Property acquired at or by foreclosure or developed by savings bank.
NRS 673.340 - Minors and married persons; payment as valid discharge of savings bank.
NRS 673.430 - Annual reports: Filing; form and contents; fees; penalty; regulations.
NRS 673.440 - Commissioner may require further information.
NRS 673.453 - Enforcement of subpoena by district court.
NRS 673.455 - Examination of holding companies.
NRS 673.460 - Examinations outside State; fees and traveling expenses; regulations.
NRS 673.470 - Other examinations acceptable in lieu of examination by Commissioner.
NRS 673.483 - Audit of books and accounts.
NRS 673.4835 - Independent audit and examination: Payment of assessment; cooperation.
NRS 673.484 - Suspension or revocation of charter: Grounds; notice and hearing.
NRS 673.4845 - Procedure; approval by savings bank and Commissioner; fee; regulations.
NRS 673.5911 - Procedure; applicable law; power to sell and transfer assets.
NRS 673.5915 - Payment of insured deposits; subrogation.
NRS 673.5918 - Deposit of books, papers and records with Commissioner upon final liquidation.
NRS 673.5919 - Destruction of records of liquidated insolvent savings banks.
NRS 673.5923 - Appointment of successor trustee when no objection made.
NRS 673.5924 - Hearing on objections to appointment of successor trustee; appeal from order.
NRS 673.5925 - Recordation of order appointing successor trustee.
NRS 673.5926 - Petition and order may relate to all instruments in which former trustee was named.
NRS 673.5927 - Provisions are in addition to any other remedy provided by law.
NRS 673.5928 - Validation of sales by liquidator under security instruments giving power of sale.
NRS 673.5929 - Conditions under which savings banks may reopen.
NRS 673.5931 - Conditions under which savings bank may reorganize before actual dissolution.
NRS 673.597 - Conflict of laws; report to Commissioner of forbidden course or act.
NRS 673.600 - Conversion authorized.
NRS 673.610 - Notice of stockholders’ meeting: Service and proof of service.
NRS 673.630 - Filing of charter or certificate with Commissioner; fee; taxation; regulations.
NRS 673.650 - Conversion authorized; votes necessary.
NRS 673.660 - Time for election of directors after conversion; time directors to hold office.
NRS 673.670 - Filing of verified minutes of stockholders’ meeting.
NRS 673.680 - Verified copy of minutes as presumptive evidence of holding meeting and action taken.
NRS 673.700 - Inclusion of statement of conversion in articles permissible.
NRS 673.750 - Powers and privileges same as domestic savings bank; conditions.
NRS 673.777 - "Designated reporter" defined.
NRS 673.783 - "Exploitation" defined.
NRS 673.787 - "Older person" defined.
NRS 673.793 - "Reasonable cause to believe" defined.
NRS 673.797 - "Vulnerable person" defined.
NRS 673.803 - Training; reporting to designated reporter.
NRS 673.807 - Designated reporter: Designation; duty to report; immunity.
NRS 673.810 - Making false statement concerning financial condition of savings bank.
NRS 673.830 - Violation of chapter or sale of securities through fraudulent misrepresentation.
NRS 673.840 - Sale or offer to sell securities without license or for failure to pay fee or penalty.