Director to consider certain matters before renewing license of broker; authority of Director to require bond.

  1. Law
  2. Nevada Revised Statutes
  3. Motor Vehicles and Trailers: Licensing, Registration, Sales and Leases
  4. Director to consider certain matters before renewing license of broker; authority of Director to require bond.

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The Director shall, before renewing any license issued pursuant to NRS 482.333, consider:

1. The number and types of complaints received against a broker by the Department; and

2. Any administrative fines imposed upon the broker by the Department pursuant to NRS 482.554 and 482.565,

and may require the broker to provide a good and sufficient bond in the amount set forth in subsection 1 of NRS 482.345 for each category of vehicle for which services are provided at each place of business and in each county in which the broker is licensed to do business.

(Added to NRS by 1995, 2363; A 2007, 3208)


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