1. Except as otherwise provided in subsections 3 and 4 and NRS 89.251, the Secretary of State shall reinstate any professional association which has forfeited its right to transact business under the provisions of this chapter and restore the right to carry on business in this State and exercise its privileges and immunities if it:
(a) Files with the Secretary of State:
(1) The list and certification required by NRS 89.250;
(2) The information required pursuant to NRS 77.310; and
(3) A declaration under penalty of perjury, on a form provided by the Secretary of State, that the reinstatement is authorized by a court of competent jurisdiction in this State or by the duly selected chief executive officer of the professional association; and
(b) Except as otherwise provided in NRS 231.14057, pays to the Secretary of State:
(1) The filing fee and penalty set forth in NRS 89.250 and 89.252 for each year or portion thereof during which the articles of association have been revoked; and
(2) A fee of $300 for reinstatement.
2. When the Secretary of State reinstates the professional association, the Secretary of State shall issue to the professional association a certificate of reinstatement if the professional association:
(a) Requests a certificate of reinstatement; and
(b) Pays the required fees pursuant to subsection 7 of NRS 78.785.
3. Except as otherwise provided in NRS 231.14057, the Secretary of State shall not order a reinstatement unless all delinquent fees and penalties have been paid, and the revocation of the articles of association occurred only by reason of the failure to pay the fees and penalties.
4. If the articles of association of a professional association have been revoked pursuant to the provisions of this chapter and have remained revoked for 10 consecutive years, the articles must not be reinstated.
5. A reinstatement pursuant to this section relates back to the date on which the professional association forfeited its right to transact business under the provisions of this chapter and reinstates the professional association’s right to transact business as if such right had at all times remained in full force and effect.
(Added to NRS by 1995, 1138; A 2001, 3191; 2003, 20th Special Session, 114; 2005, 2271; 2007, 1336, 2438, 2701; 2013, 897; 2019, 929)
Structure Nevada Revised Statutes
Chapter 89 - Professional Entities and Associations
NRS 89.022 - Prohibition against formation of entity for certain illegal purposes.
NRS 89.023 - Form required for filing of records.
NRS 89.027 - Filing of records written in language other than English.
NRS 89.030 - Applicability of chapters 78 and 86 of NRS.
NRS 89.040 - Filing requirements; required provisions of articles; name.
NRS 89.060 - Professional relationship preserved.
NRS 89.070 - Restrictions on ownership and transfer of shares.
NRS 89.100 - Authority of regulating boards not affected.
NRS 89.110 - Scope of authority.
NRS 89.200 - Inapplicability of chapter 87 of NRS.
NRS 89.210 - Filing requirements; name of association.
NRS 89.220 - Professional relationship preserved.
NRS 89.230 - Restrictions on membership and rendering of professional services.
NRS 89.250 - Annual list: Filing requirements; fees; regulations.
NRS 89.252 - Defaulting associations: Identification; penalty.
NRS 89.256 - Defaulting associations: Conditions and procedure for reinstatement.