NRS 76.110 Penalty for failing to obtain state business license before conducting business.
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NRS 76.110 Penalty for failing to obtain state business license before conducting business.
1. If a person fails to obtain a state business license and pay the fee required pursuant to NRS 76.100 before conducting a business in this State and the person is:
(a)An entity required to file an annual list with the Secretary of State pursuant to this title, the person:
(1)Shall pay a penalty of $100 in addition to the annual state business license fee for each year in which the entity fails to obtain a state business license;
(2)Shall be deemed to have not complied with the requirement to file an annual list with the Secretary of State; and
(3)Is subject to all applicable provisions relating to the failure to file an annual list, including, without limitation, the provisions governing default and revocation of its charter or right to transact business in this State, except that the person is required to pay the penalty set forth in subparagraph
(1)of paragraph (a).
(b)Not an entity required to file an annual list with the Secretary of State, the person shall pay a penalty in the amount of $100 in addition to the annual state business license fee for each year in which the person has conducted business in this State without a state business license.
2. The Secretary of State may refuse to issue a state business license to a person that has failed to pay the fees and penalties required by this chapter.