2011 Nevada Revised Statutes
Chapter 645 - Real Estate Brokers and Salespersons
NRS 645.740 - Decision of Commission: Rendition; notice; effective date; stay of decision.

1. The Commission shall render an informal decision on any complaint within 15 days after the final hearing thereon and shall give notice in writing of the ruling or decision to the applicant or licensee affected thereby within 60 days after the final hearing thereon by certified mail to the last known address of the person to whom the notice is sent.

2. If the ruling is adverse to the licensee, the Commission shall also state in the notice the date upon which the ruling or decision becomes effective, which date must not be less than 30 days after the date of the notice.

3. The decision of the Commission may not be stayed by any appeal in accordance with the provisions of NRS 645.760, unless the district court so orders upon motion of the licensee, notice to the Division of the motion and opportunity for the Division to be heard.

4. An appeal from a decision of the district court affirming the revocation or suspension of a license does not stay the order of the Commission unless the district or appellate court, in its discretion and upon petition of the licensee, after notice and hearing orders such stay, and upon the filing of a bond for costs in the amount of $1,000.

[Part 23:150:1947; 1943 NCL 6396.23] (NRS A 1965, 1409; 1969, 95; 1971, 454; 1973, 1103; 1979, 1553; 1985, 1273)