Nev. Rev. Stat. ch. 645G – Exchange Facilitators | Midpage645G.010Definitions645G.020“Commissioner” defined645G.030“Division” defined645G.040“Exchange facilitator” defined645G.050“Financial institution” defined645G.060“Licensee” defined645G.075“Nationwide Multistate Licensing System and Registry” defined645G.090Inapplicability of chapter to participants in Regulatory Experimentation Program for Product Innovation; exception645G.100License required; regulations; application; issuance, expiration and renewal of license645G.110Payment of child support: Submission of certain information by applicant; grounds for denial of license; duty of Division645G.110Payment of child support: Submission of certain information by applicant; grounds for denial of license; duty of Division645G.120License required for certain members and officers of certain business organizations645G.130Duties of licensee: Maintenance of principal place of business or registered agent in state; notice of change of address or telephone number; provision of information required by Division; notice of licensing changes to clients645G.140License nontransferable; business of licensee may only be sold or transferred to another licensee645G.150Branch offices645G.160Display of license645G.170Designation of exchange facilitator officer645G.180Cancellation of license for failure to submit item required for renewal; reinstatement645G.200Reciprocal license: Person licensed in another jurisdiction645G.210Special license: Financial institutions645G.220Fees; regulations645G.230Audit of licensees; report to Legislature645G.250Commissioner authorized to take action to participate; charges for use; regulations; provisions do not replace or affect authority of Commissioner regarding licensing645G.260Submission and processing of fingerprints645G.270Commissioner required to report certain information or material; confidentiality of information or material provided; Commissioner authorized to enter into certain agreements and arrangements645G.280Additional materials required to be submitted645G.290Licensee required to register and maintain unique identifier; Commissioner authorized to issue license through Registry; references to Commissioner deemed references to Registry645G.300Client’s money and property: Fiduciary duty of licensee645G.310Money held for client: Written approval required for withdrawal645G.320Fidelity bond or deposit645G.330Insurance: Maintenance of policy; other security; proof of coverage; claims; duty of Division645G.340Written notice of cancellation or withdrawal of bond, insurance or other security; suspension of license645G.350Exchange funds required to be kept separate645G.360Exchange funds not subject to execution or attachment; commingling prohibited645G.400Deposit of money received by Commissioner645G.410Deposit and use of money received by Division from civil penalty645G.500Investigation of actions of exchange facilitators and other persons645G.505Division required to maintain records of complaints, investigations and denials of applications645G.510Confidentiality of certain records of Division; exception645G.515Authorized disciplinary action; grounds; orders imposing discipline deemed public records; payment of costs incurred by Division645G.520Limitations on suspension and reissuance of license after revocation645G.525Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license645G.530Investigations, disciplinary or other proceedings, fines and penalties not affected by expiration, revocation or voluntary surrender of license645G.535Revocation, suspension or denial of renewal of license: Complaint; notice of hearing645G.540Revocation, suspension or denial of renewal of license: Answer; limitations on time of commencing proceeding645G.545Revocation, suspension or denial of renewal of license: Hearing; transcript645G.550Power of Commissioner to administer oaths, certify acts and issue subpoenas; service of process645G.555Fees and mileage for witness645G.560Enforcement of subpoenas645G.565Depositions; taking of evidence in another state; rights of party to hearing to request subpoenas645G.570Decision of Commissioner on complaint: Rendition; notice; effective date; stay of decision645G.575Decision of Commissioner in disciplinary action final when in favor of licensee; judicial review of decision against licensee645G.900Prohibited acts; penalties; injunctive relief