NAC704.79541. Certain changes in application information to be reported to Commission; prior authorization required for change of business name.

     1. A licensed alternative seller shall inform the Commission of any change in the name, address or telephone number of the licensed alternative seller, and of any change of its registered agent in Nevada for service of process, within 20 business days after the change occurs.

     2. A licensed alternative seller shall update the information contained in its application within 20 business days after a change in the information if the change:

     (a) Materially reduces the financial condition or technical capabilities of the licensed alternative seller; or

     (b) Involves any civil, criminal or regulatory sanctions or penalties that have been imposed by any state, or involves felony convictions in any state.

     3. A licensed alternative seller shall not change its name or the name under which it conducts business in this State without obtaining the prior authorization of the Commission.

     (Added to NAC by Pub. Utilities Comm’n by R103-99, eff. 12-2-99)