1. A financial institution may obtain a special license pursuant to this section. 2. The Division shall issue a special license to a financial institution if the financial institution: (a) Maintains an office in this State; (b) Pays the fee required pursuant to NRS 645G.220 for the issuance of a license; and (c) Complies with any other requirements set forth by regulations adopted by the Division. 3. A financial institution which obtains a special license pursuant to this section is exempt from the requirements of subsections 2, 3 and 4 of NRS 645G.100 except as otherwise required by regulations adopted by the Division. 4. A license issued pursuant to this section expires on December 31 of each year unless it is renewed. To renew such a license, the licensee must submit to the Commissioner on or after November 1 and on or before December 31 of each year: (a) An application for renewal which contains the information required by the Division for that purpose; and (b) The renewal fee prescribed by NRS 645G.220. (Added to NRS by 2007, 3113; A 2021, 2064)
Nevada Legal Code