Title 54

NRS 628.490 Unlawful use of designation or abbreviation likely to confuse public; use of “accountant,” “auditor” and “certified public accountant.” 1. Except as otherwise provided in subsection 2 and NRS 628.450 to 628.480, inclusive, a person, partnership, corporation, limited-l…

NRS 628.510 Conditions under which affixing name to wording which indicates person is accountant or auditor or has certain expert knowledge is unlawful. 1. Except as otherwise provided in subsection 2, a person shall not sign or affix his or her name or the name of a partnership,…

NRS 628.520 Conditions under which affixing name of partnership, corporation, limited-liability company or sole proprietorship to wording which indicates partnership, corporation, limited-liability company or sole proprietorship is composed of accountants or auditors or persons w…

NRS 628.540 Unlawful acts by person without permit or practice privileges or by partnership, corporation, limited-liability company or sole proprietorship without registration or practice privileges; exceptions. 1. Except as otherwise provided in subsection 2, a person, partnersh…

NRS 628.550 Unlawful use of title or designation which falsely indicates or implies existence of partnership, corporation or limited-liability company; misleading name prohibited. 1. A person shall not assume or use the title or designation “certified public accountant” or “publi…

NRS 628.560 Prima facie evidence of violation. 1. The display or uttering by a person of a card, sign, advertisement or other printed, engraved or written instrument or device, bearing a person’s name in conjunction with the words “certified public accountant” or any abbreviation…

NRS 628.570 Order to cease and desist; injunctive relief; issuance without bond. Whenever in the judgment of the Board any person has engaged, or is about to engage, in any acts or practices which constitute, or will constitute, a violation of NRS 628.435 or 628.450 to 628.550, i…

NRS 628.580 Penalty; enforcement. 1. Any person who violates any provision of NRS 628.435 or 628.450 to 628.550, inclusive, is guilty of a gross misdemeanor. 2. Whenever the Board has reason to believe that any person is liable to punishment under this section, it may certify the…

NRS 628A.010 Definitions. As used in this chapter, unless the context otherwise requires: 1. “Client” means a person who receives advice from a financial planner. 2. “Compensation” means a fee for services provided by a financial planner to a client or a commission or other remun…

NRS 628A.020 Duties of financial planner. A financial planner has the duty of a fiduciary toward a client. A financial planner shall disclose to a client, at the time advice is given, any gain the financial planner may receive, such as profit or commission, if the advice is follo…

NRS 628A.030 Liability of financial planner. 1. If loss results from following a financial planner’s advice under any of the circumstances listed in subsection 2, the client may recover from the financial planner in a civil action the amount of the economic loss and all costs of …

NRS 628A.040 Financial planner required to maintain insurance for liability or surety bond; exceptions. 1. Except as otherwise provided in subsection 2, a financial planner shall maintain insurance covering liability for errors or omissions, or a surety bond to compensate clients…

NRS 628B.010 Legislative findings and declarations. The Legislature finds and declares that: 1. There exists in this State a need, in order to provide for the protection of the public interest, to regulate entities engaged in the business of private professional guardians and per…

NRS 628B.020 Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 628B.030 to 628B.100, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 2015, 2344; A 2021, 2056)

NRS 628B.030 “Business of a private professional guardian” defined. “Business of a private professional guardian” means the holding out by an entity, through advertising, solicitation or other means, that the entity or a person employed by the entity is available to act for compe…

NRS 628B.040 “Commissioner” defined. “Commissioner” means the Commissioner of Financial Institutions. (Added to NRS by 2015, 2345)

NRS 628B.050 “Director” defined. “Director” means the Director of the Department of Business and Industry. (Added to NRS by 2015, 2345)

NRS 628B.060 “Division” defined. “Division” means the Division of Financial Institutions of the Department of Business and Industry. (Added to NRS by 2015, 2345)

NRS 628B.070 “Fiduciary” defined. “Fiduciary” means a person who has the power and authority to act for a beneficiary under circumstances requiring trust, good faith and honesty. (Added to NRS by 2015, 2345)

NRS 628B.075 “Nationwide Multistate Licensing System and Registry” and “Registry” defined. “Nationwide Multistate Licensing System and Registry” or “Registry” has the meaning ascribed to it in NRS 604A.083. (Added to NRS by 2021, 2054)

NRS 628B.080 “Private professional guardian” defined. 1. “Private professional guardian” has the meaning ascribed to it in NRS 159.024 and 159A.024. 2. For the purposes of this chapter, the term does not include an entity that serves as a private professional guardian but is exem…

NRS 628B.090 “Private professional guardian company” defined. 1. “Private professional guardian company” means a business entity, including, without limitation, a sole proprietorship, partnership, limited-liability company or corporation, that is licensed pursuant to the provisio…

NRS 628B.100 “Protected person” defined. “Protected person” has the meaning ascribed to it in NRS 159.0253 and 159A.0253. (Added to NRS by 2015, 2345; A 2017, 905, 2571)

NRS 628B.110 Applicability of chapter. This chapter does not apply to a person who: 1. Is a public guardian or administrator appointed by the court; 2. Is a banking corporation as defined in NRS 657.016; 3. Is an organization permitted to act as a fiduciary pursuant to NRS 662.24…

NRS 628B.200 Administration and enforcement of chapter by Commissioner. The Commissioner shall administer and enforce the provisions of this chapter subject to the administrative supervision of the Director. (Added to NRS by 2015, 2345)

NRS 628B.210 Regulations. The Commissioner may adopt regulations to carry out the provisions of this chapter. (Added to NRS by 2015, 2345)

NRS 628B.220 Maintenance by Commissioner of record of applications for licenses, bonds and issued and renewed licenses. 1. The Commissioner shall maintain in the Office of the Commissioner, in a suitable record provided for that purpose, each application for a license and all bon…

NRS 628B.230 Confidentiality of application, personal or financial records and documents obtained pursuant to examination or in response to subpoena; disclosure. Except as otherwise provided in NRS 239.0115, any application and personal or financial records submitted to the Divis…

NRS 628B.300 Engaging in business without license unlawful. It is unlawful for any person to engage in any activity relating to service as a private professional guardian, including, without limitation, engaging in the business of a private professional guardian, if the person do…

NRS 628B.310 Application for license: Requirements; fees; withdrawal; regulations. 1. An applicant for a license to engage in the business of a private professional guardian in this State must file with the Commissioner an application on a form prescribed by the Commissioner, whi…

NRS 628B.315 Submission of fingerprints; fee; regulations. 1. Each natural person who acts in any capacity within a private professional guardian company shall, before acting in any such capacity and not less than once every 5 years thereafter, submit to the Commissioner a comple…

NRS 628B.320 Payment of child support: Submission of certain information by applicant; grounds for denial of license; duty of Commissioner. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, su…

NRS 628B.330 Investigation of applicant; factors for consideration in Commissioner’s decision on application. 1. Within 90 days after the application for a license is filed, the Commissioner shall investigate the facts of the application and the other requirements of this chapter…

NRS 628B.340 Approval of application. The Commissioner shall approve the application for a license, keeping on file his or her findings of fact pertaining thereto, if the Commissioner finds that the applicant has met all the requirements of this chapter pertaining to the applican…

NRS 628B.350 Denial of application; opportunity to cure defect or deficiency; notice and hearing; final order for purposes of judicial review. 1. After conducting an investigation pursuant to NRS 628B.330, if the Commissioner finds grounds for the denial of the application, the C…

NRS 628B.360 Issuance of license; contents of license. 1. If the Commissioner approves an application pursuant to NRS 628B.340 and the applicant pays the required fees, the Commissioner shall issue to the applicant a license to engage in the business of a private professional gua…

NRS 628B.370 Expiration and renewal of license; fees; cancellation and reinstatement; regulations. 1. A license to engage in the business of a private professional guardian expires on December 31 of each year, unless it is renewed. To renew such a license, a private professional …

NRS 628B.380 License not transferable or assignable; authority to merge or consolidate with, or transfer assets and control to other licensee with approval of Commissioner; report of certain changes to Commissioner; approval of Commissioner; cost of investigation. 1. A license is…

NRS 628B.390 Cancellation of license for discontinuance of business: Submission of evidence of release and discharge of obligations; entry of order; provision of copy of order to district courts. 1. If any private professional guardian company wishes to discontinue its business, …

NRS 628B.450 Commissioner authorized to take action to participate; charges for use; regulations; provisions do not replace or affect authority of Commissioner regarding licensing. 1. The Commissioner may, in furtherance of his or her duties with respect to the issuance and renew…

NRS 628B.460 Submission and processing of fingerprints. 1. The Commissioner may require an applicant for or holder of a license to submit a complete set of his or her fingerprints when the Commissioner determines necessary. 2. The Commissioner may use the services of the Registry…

NRS 628B.470 Commissioner required to report certain information or material; confidentiality of information or material provided; Commissioner authorized to enter into certain agreements and arrangements. 1. Subject to any limitations or restrictions contained in federal or stat…

NRS 628B.480 Additional materials required to be submitted. 1. In addition to any other requirements set forth by specific statute, each applicant for the issuance of a license and each owner, officer, director and responsible person of the applicant, each person in control of th…

NRS 628B.490 Licensee required to register and maintain unique identifier; Commissioner authorized to issue license through Registry; references to Commissioner deemed references to Registry. 1. Each holder of a license shall register with and maintain a valid unique identifier w…

NRS 628B.500 Scope of authority. Each private professional guardian company which is licensed pursuant to this chapter may, in the conduct of its business activities, within and outside this State, as applicable: 1. Act under the order or appointment of any court as guardian. 2. …

NRS 628B.510 Display of license. Each license issued pursuant to this chapter must be conspicuously displayed in the place of business designated in the license. (Added to NRS by 2015, 2351)