NAC720.420. Recognition of foreign license.

     1. The Secretary of State may recognize a foreign license, in whole or in part, if:

     (a) The certification authority who holds the foreign license, in addition to complying with any other legal requirements for the transaction of business in this State, submits to the Secretary of State:

          (1) An application for the recognition of his or her foreign license;

          (2) A certified copy of his or her foreign license; and

          (3) The amounts required pursuant to NAC 720.430 and 720.810; and

     (b) The Secretary of State determines that the governmental entity that issued the foreign license imposes requirements substantially similar to the requirements of this chapter.

     2. The Secretary of State will determine that the requirements of a governmental entity are substantially similar to the requirements of this chapter if, in addition to any other factors the Secretary of State deems to be material, the governmental entity requires that a certification authority must, as a condition to holding the foreign license:

     (a) Issue certificates:

          (1) Based upon an asymmetric cryptosystem; and

          (2) Using a trustworthy system;

     (b) Maintain a policy of insurance which provides not less than the minimum amounts of coverage required by NAC 720.290;

     (c) Employ as operative personnel only persons who have not been convicted of a felony within the past 7 years and have never been convicted of a crime involving fraud, deception or a false statement; and

     (d) Comply with a legally established system for the enforcement of the requirements of that governmental entity regarding digital signatures.

     3. The Secretary of State will:

     (a) Make available, upon request, a list of the governmental entities that the Secretary of State has determined meet the requirements of subsection 2; and

     (b) Consider a governmental entity for addition to that list upon:

          (1) The request of the governmental entity or a certification authority licensed by the governmental entity; and

          (2) The receipt of a copy of the licensing requirements of the governmental entity, together with an English translation if it is in a foreign language.

     4. The recognition of a foreign license pursuant to this section is valid:

     (a) Until the foreign license expires or otherwise becomes invalid; or

     (b) For 1 year,

Ê whichever period is less.

     5. The provisions of this section do not prohibit a certification authority who holds a foreign license from obtaining a license pursuant to the other provisions of this chapter.

     (Added to NAC by Sec’y of State by R155-98, eff. 12-2-99)