NAC645.407. Approval of school: Notice of material change in information provided in application; annual renewal of approval; denial of renewal.

     1. Within 15 days after the occurrence of any material change in the information provided by the school in its application pursuant to NAC 645.403 which would affect its approval by the Commission, the school shall give the Division written notice of that change.

     2. To qualify for annual renewal of approval by the Commission, a school must submit to the Commission before July 1:

     (a) A written certification, in a form prescribed by the Division, declaring that the school has met all applicable requirements of this chapter;

     (b) A sworn statement, in a form prescribed by the Division, declaring that the information contained in the original application is current or, if it is not current, a list of all material changes; and

     (c) Payment of the appropriate fee for each course for which renewal is being sought.

     3. The Commission may deny renewal of approval to any school that does not meet the standards required by this chapter.

     4. Within 60 days after a decision is made to deny renewal of approval, the Commission must give written notice of the decision and the basis for that decision by certified mail to the last known address of the school.

     (Added to NAC by Real Estate Comm’n, eff. 12-16-82; A 4-27-84; A by R031-04, 11-30-2004)—(Substituted in revision for NAC 645.446)