Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter87 Partnerships |
PENALTY FOR PURPORTING TO DO BUSINESS WITHOUT REGISTRATION |
NAC87.400. Activities subject to fine.
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1. The Secretary of State may refer the matter to the district attorney of the county in which a person’s principal place of business is located or the Attorney General, or both, for a determination of whether to institute proceedings to recover the fine set forth in NRS 87.445 if the person:
(a) Is purporting to be a registered limited-liability partnership but has willfully failed to file with the Secretary of State a certificate of registration;
(b) Is doing business in this State as a registered limited-liability partnership but has willfully failed to file with the Secretary of State a certificate of registration; or
(c) Is doing business in this State as a registered limited-liability partnership while the registered limited-liability partnership is in terminated status.
2. The Secretary of State may refer the matter to the district attorney of the county in which a foreign registered limited-liability partnership has its principal place of business or the Attorney General, or both, for a determination of whether to institute proceedings to recover the fine set forth in NRS 87.5405 if the foreign registered limited-liability partnership:
(a) Is transacting business in this State but has willfully failed to register with the Secretary of State pursuant to NRS 87.440 to 87.500, inclusive, and 87.541 to 87.544, inclusive; or
(b) Is transacting business in this State while the foreign registered limited-liability partnership is in terminated status.
3. As used in this section, “terminated status” means any status in the records of the Office of the Secretary of State which indicates that a registered limited-liability partnership or foreign registered limited-liability partnership, as applicable, no longer has the right to transact business in this State, including, without limitation, the status of “revoked,” “permanently revoked,” “dissolved,” “cancelled,” “terminated” or “withdrawn.”
(Added to NAC by Sec’y of State by R070-11, eff. 5-30-2012; A by R080-13, 12-23-2013)