2010 Nevada Code
TITLE 57 INSURANCE
Chapter 697 Businesses Related to Bail
NRS 697.100 Licensing of natural persons and corporations.

NRS 697.100 Licensing of natural persons and corporations.

1. Except as otherwise provided in this section, no license may be issued:

(a) Except in compliance with this chapter.

(b) To a bail agent, bail enforcement agent or bail solicitor, unless he or she is a natural person.

2. A corporation may be licensed as a bail agent or bail enforcement agent if:

(a) The corporation is owned and controlled by an insurer authorized to write surety in this State or a subsidiary corporation of such an insurer; or

(b) Ownership and control of the corporation is retained by one or more licensed agents.

3. This section does not prohibit two or more licensed bail agents from entering into a partnership for the conduct of their bail business. No person may be a member of such a partnership unless the person is licensed pursuant to this chapter in the same capacity as all other members of the partnership. A limited partnership or a natural person may not have any proprietary interest, directly or indirectly, in a partnership or the conduct of business thereunder except licensed bail agents as provided in this chapter.

(Added to NRS by 1971, 1907; A 1979, 1402; 1997, 3384; 1999, 2818)