Nev. Admin. Code § 628B.320 - Foreign branch offices: Request for approval and licensing to operate; conditions for approval by Commissioner

1. A request for approval and licensing to operate a branch office outside this State that is filed with the Commissioner pursuant to subsection 3 of NRS 628B.530 must contain:

(a) The applicable information required by NRS 628B.310 for the application for a license to engage in the business of a private professional guardian in this State; and

(b) Proof satisfactory to the Commissioner that each branch office located outside this State will have a private professional guardian or a certified guardian involved in the day-to-day operation or management of the branch office.

2. The Commissioner will not approve a request for approval and licensing to operate a branch office outside this State that is filed pursuant to subsection 3 of NRS 628B.530 unless the Commissioner is satisfied that the applicant has:

(a) Complied with all applicable provisions of this chapter and chapter 628B of NRS, including, without limitation, the requirements set forth in NRS 628B.530; and

(b) Made appropriate arrangements for the:

(1) Storage, maintenance and retention in this State of all records regarding the collection of claims for or from residents of this State; and

(2) Maintenance of a guardianship account for each ward pursuant to NRS 628B.560.

Notes

Nev. Admin. Code § 628B.320

Added to NAC by Commr of Financial Institutions by R002-16A, eff. 6/28/2016

NRS 628B.210