NRS 604D.210 Additional requirements for licensure; grounds for refusal to issue license. [Effective through December 31, 2029.]

533 words·~2 min read·/nv/chapter-604d-earned-wage-access-services/604d-210·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

1. In addition to any other requirements set forth in this chapter, each applicant for licensure as a provider must submit:

(a)Proof satisfactory to the Commissioner that the applicant:

(1)Is competent to transact the business of a provider.

(2)Has not made a false statement on the application for the license.

(3)Has not committed any of the acts specified in subsection 2.

(4)Has not had a license as a provider suspended or revoked within the 10 years immediately preceding the date of the application.

(5)Has not been convicted of, or entered a plea of nolo contendere to, a felony or any crime involving fraud, misrepresentation or moral turpitude.

(b)If the applicant is a corporation or association:

(1)The name and address of each of the directors, trustees and principals of the corporation and of any stockholder who owns 25 percent or more of the applicant’s stock;

(2)If required by the Commissioner, a complete set of fingerprints for submission to the Federal Bureau of Investigation and any other governmental agency or entity authorized to receive such information for a state, national or international background check on the criminal history of the principal officers of the corporation or association, which must include a written statement authorizing the Division of Financial Institutions of the Department of Business and Industry to forward the fingerprints to the Central Repository for Nevada Records of Criminal History for submission to the Federal Bureau of Investigation for its report;

(3)If required by the Commissioner, information concerning the personal history and experience of the principal officers of the corporation or association; and

(4)If required by the Commissioner, information related to any administrative, civil or criminal findings made by any governmental jurisdiction concerning the principal officers of the corporation or association.

(c)If the applicant is a natural person:

(1)Proof satisfactory to the Commissioner that the applicant is at least 21 years of age;

(2)Proof satisfactory to the Commissioner that the applicant is a citizen of the United States or lawfully entitled to work in the United States; and

(3)A complete set of his or her fingerprints and written permission authorizing the Division of Financial Institutions of the Department of Business and Industry to forward the fingerprints to the Central Repository for Nevada Records of Criminal History for submission to the Federal Bureau of Investigation for its report.

2. In addition to any other lawful reasons, the Commissioner may refuse to issue a license to an applicant for licensure as a provider if the applicant:

(a)Has committed or participated in any act for which, if committed or done by a licensee, would be grounds for the suspension or revocation of the license.

(b)Has previously been refused a license pursuant to this chapter or has had such a license suspended or revoked.

(c)Has participated in any act which was a basis for the refusal or revocation of a license pursuant to this chapter.

(d)Has falsified any of the information submitted to the Commissioner in support of the application for the license.