Cancellation of registration without additional fees and penalties; regulations.

NRS 86.5469 Cancellation of registration without additional fees and penalties; regulations. 1. The Secretary of State shall authorize a foreign limited-liability company whose right to transact business in this State has been revoked to cancel its registration without paying additional fees and penalties, other than the fee for filing a certificate of cancellation required by NRS 86.561, if the foreign limited-liability company provides evidence satisfactory to the Secretary of State that the foreign limited-liability company did not transact business in this State: (a) During the entire period for which its right to transact business in this State was revoked; or (b) During a portion of the period for which its right to transact business in this State was revoked and the foreign limited-liability company paid the fees and penalties for the portion of that period in which the foreign limited-liability company transacted business in this State. 2. The Secretary of State may adopt regulations to administer the provisions of this section. (Added to NRS by 2015, 1288)