NAC720.350. Persons convicted of certain crimes not to act as operative personnel.

     1. A licensee shall not allow any person to undertake any of the responsibilities or duties of his or her operative personnel if the licensee knows or, based upon the records provided to the Secretary of State pursuant to NAC 720.340, should know that the person:

     (a) Has been convicted in any jurisdiction during the 7 years immediately preceding the date the application for the issuance or renewal of a license is submitted of any felony; or

     (b) Has ever been convicted in any jurisdiction of a crime involving fraud, deception or a false statement.

     2. If a licensee discovers that a person who has undertaken any of the responsibilities or duties of his or her operative personnel has been convicted as described in subsection 1, the licensee shall:

     (a) Immediately remove the person from that position; and

     (b) Within 3 business days after making that discovery, notify the Secretary of State of his or her action to remove the person from that position.

     (Added to NAC by Sec’y of State by R155-98, eff. 12-2-99; A by R040-03, 12-4-2003)