NRS 689.515 Agent’s license required to solicit sale of prepaid contract on behalf of seller; exception; administrative fine.
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NRS 689.515 Agent’s license required to solicit sale of prepaid contract on behalf of seller; exception; administrative fine.
1. It is unlawful for any person to solicit the sale of a prepaid contract in this state on behalf of a seller unless the person holds a valid agent’s license issued by the Commissioner.
2. This section does not apply to a seller who holds a valid seller’s permit.
3. A person who solicits the sale of a prepaid contract in this state without a license or seller’s permit is subject to an administrative fine of not more than $1,000 for each violation.