Nevada Administrative Code (Last Updated: January 6, 2015)

NAC697.230. Suspension of partner.

Latest version.

1. If the license of any partner is suspended, that partner may not engage directly in the transaction of bail, nor may he or she directly receive any commission on, or profit derived from, any transactions entered into by other persons during the period of suspension.

2. This section applies to profits or commissions earned during the period of suspension, even if the profits, commissions or other money are not actually received until after the end of the suspension period.

[Comm’r of Insurance, M-8 § XVII, eff. 11-22-78]

                    
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