NAC90.3911. Expiration and renewal of license; required updating of certain information.

     1. The license of a representative of an investment adviser expires on December 31 of each year. A representative of an investment adviser must renew his or her license annually, on or before December 31, by paying the applicable fee required pursuant to NRS 90.360 to the Administrator in the manner set forth in NAC 90.3293.

     2. A representative of an investment adviser and the investment adviser with whom the representative is employed or retained as an independent contractor shall update the information required by the Uniform Application for Securities Industry Registration or Transfer (Form U-4) filed with the Administrator pursuant to NAC 90.391 within 30 days after the change in that information occurs.

     (Added to NAC by Sec’y of State by R016-02, eff. 8-6-2002)