NRS 645G.210 Special license: Financial institutions.
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NRS 645G.210 Special license: Financial institutions.
1. A financial institution may obtain a special license pursuant to this section.
2. The Division shall issue a special license to a financial institution if the financial institution:
(a)Maintains an office in this State;
(b)Pays the fee required pursuant to NRS 645G.220 for the issuance of a license; and
(c)Complies with any other requirements set forth by regulations adopted by the Division.
3. A financial institution which obtains a special license pursuant to this section is exempt from the requirements of subsections 2, 3 and 4 of NRS 645G.100 except as otherwise required by regulations adopted by the Division.
4. A license issued pursuant to this section expires on December 31 of each year unless it is renewed. To renew such a license, the licensee must submit to the Commissioner on or after November 1 and on or before December 31 of each year:
(a)An application for renewal which contains the information required by the Division for that purpose; and
(b)The renewal fee prescribed by NRS 645G.220 .