1. A previous conviction of a felony, previous bankruptcy, voluntary or involuntary, or previous violation of this chapter may be considered by the Department as adverse to a showing of character, responsibility or good faith on the part of an applicant for a license as a broker, dealer, commission merchant or agent. 2. Any person adjudged a bankrupt, or any person against whose bondsman or bondsmen or deposit in lieu of bond a claim has been collected by a court order, who has not made full settlement with all producer-creditors, may not be licensed by the Department for 3 years after the date of the adjudication or collection. 3. The Department may refuse to accept a new application for a license by an applicant rejected pursuant to this section for a period not exceeding 3 years after the date of rejection of the first application. (Added to NRS by 1965, 394; A 1967, 1196; 1993, 1765; 1999, 3705; 2005, 482; 2015, 3616)
Nevada Legal Code