NRS 657A.430 Issuance of registration upon approval of application; conditional approval of application.

273 words·~1 min read·/nv/chapter-657a-regulatory-experimentation-program-for-product-innovation/657a-430·

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

1. If the Director approves an application to participate in the Program:

(a)The applicant shall be deemed a participant.

(b)The Director shall issue a registration number unique to the approval.

(c)Except as otherwise required by the Director pursuant to subsection 2 or NRS 657A.620 , a product or service offered or provided within the scope of the Program is exempt from any provision of this title, chapter 645A , 645B , 645F or 645G of NRS or any regulation adopted pursuant thereto.

2. In addition to any other requirements or limitations of NRS 657A.300 or 657A.310 that apply to a product or service, the Director may condition approval of an application upon compliance by the participant with one or more provisions of this title, chapter 645A , 645B , 645F or 645G of NRS or any regulation adopted pursuant thereto.

3. A notice of approval of an application given pursuant to NRS 657A.420 must be accompanied by a copy of the provisions of this chapter and any applicable regulations of the Director then in effect, and set forth:

(a)The registration number applicable to the approval;

(b)The period of testing prescribed by NRS 657A.340 ;

(c)The general limitations of NRS 657A.300 , any additional requirements or limitations applicable specifically to the product or service pursuant to NRS 657A.310 and any conditions imposed pursuant to subsection 2 or NRS 657A.620 ; and

(d)Any additional information required by the Director to be disclosed to consumers pursuant to subsection 2 of NRS 657A.330 .

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