1. If the Commissioner finds that the application is complete and the applicant meets the requirements of NRS 689.520 after an investigation not to exceed 30 days, the Commissioner shall issue at the request of the holder of a valid seller’s permit an agent’s license to the applicant.
2. If the license is denied the Commissioner shall immediately notify the applicant and the seller that the applicant was to represent setting forth the reasons for the denial.
(Added to NRS by 1987, 1255; A 1993, 2619)