670.240 - Licenses: Expiration; renewal; reinstatement; fees; regulations.
670.240 Licenses: Expiration; renewal; reinstatement; fees; regulations.
1. A license issued pursuant to this chapter expires on December 31 of each year unless renewed by the corporation through the payment, on or before that date, of an annual fee of not more than $500. The Commissioner may reinstate an expired license upon receipt of the annual fee and a fee of not more than $400 for reinstatement. The Commissioner shall adopt regulations establishing the amount of the fees required pursuant to this subsection.
2. The county and city wherein the corporation maintains a place of business may also levy a licensing fee which does not exceed $50.
(Added to NRS by 1975, 1826; A 1979, 582; 1983, 1319; 1989, 919; 2005, 1852)