Suspension or revocation of license for failure to meet qualifications or satisfy requirements applicable to applicant; applicant required to demonstrate compliance with certain requirements.

NRS 671.0995, under MONEY TRANSMISSION.

NRS 671.0995

NRS 671.0995 Suspension or revocation of license for failure to meet qualifications or satisfy requirements applicable to applicant; applicant required to demonstrate compliance with certain requirements. 1. If a licensee does not continue to meet the qualifications or satisfy the requirements that apply to an applicant for a license pursuant to this chapter, the Commissioner may suspend or revoke the license of the licensee. 2. An applicant for a license must demonstrate that the applicant meets or will meet the requirements set forth in NRS 671.100 or 671.110, as applicable, and 671.115 and 671.125. (Added to NRS by 2023, 109) BOND OR DEPOSIT; TANGIBLE NET WORTH; PERMISSIBLE INVESTMENTS