1. A license expires on December 31 of each year unless renewed by the licensee through the payment, on or before that date, of an annual fee of not more than $1,000 for each license held by the licensee. The Commissioner may reinstate an expired license upon receipt of the annual fee and a fee of not more than $400 for reinstatement.
2. The Commissioner shall adopt regulations establishing the amount of the fees required pursuant to this section.
(Added to NRS by 1959, 229; A 1981, 757; 1983, 1807; 1987, 1989; 1989, 922; 2005, 1882)