Issuance of certificate; nontransferability.

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1. The Division shall issue the certificate to operate an intermediary service organization to the applicant if, after investigation, the Division finds that the:

(a) Applicant is in full compliance with the provisions of NRS 449.4304 to 449.4339, inclusive; and

(b) Applicant is in substantial compliance with the standards and regulations adopted by the Board.

2. A certificate applies only to the person to whom it is issued and is not transferable.

(Added to NRS by 2013, 128)


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