NAC720.700. State repository.

     1. The Secretary of State may operate or contract for the operation of a state repository. If the Secretary of State contracts for the operation of the repository by an entity other than the Division of Enterprise Information Technology Services of the Department of Administration, the contractor must be a licensee and agree to operate the repository in compliance with the provisions of this chapter. The Secretary of State may rescind a contract for the operation of the state repository for:

     (a) Any ground that would be sufficient for the revocation of the designation of the repository as a recognized repository; or

     (b) Any other legally recognized ground for rescission.

     2. If a state repository is operated pursuant to subsection 1, the repository must include:

     (a) A disclosure record for each licensee;

     (b) A list of all judgments filed with the Secretary of State pursuant to NAC 720.410 within the past 5 years;

     (c) Each advisory statement published by the Secretary of State pursuant to NAC 720.800; and

     (d) Any other information the Secretary of State deems appropriate for inclusion in the state repository.

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