2017 Nevada Revised Statutes
Chapter 628 - Accountants
NRS 628.365 - Requirements for registration as limited-liability company of public accountants.
1. Unless exempt from registration pursuant to NRS 628.335, a limited-liability company organized for the practice of public accounting shall register with the Board as a limited-liability company of public accountants and comply with the following requirements:
(a) The sole purpose and business of the limited-liability company must be to furnish to the public services not inconsistent with this chapter or the regulations of the Board, except that the limited-liability company may invest its money in a manner not incompatible with the practice of public accounting.
(b) The manager, if any, of the limited-liability company must be a certified public accountant or a registered public accountant of this State in good standing.
(c) Each person in charge of an office of the limited-liability company in this State must be a certified public accountant or a registered public accountant of this State in good standing.
(d) In order to facilitate compliance with the provisions of this section relating to the ownership of interests, there must be a written agreement binding the members or the limited-liability company to purchase any interest offered for sale by, or not under the ownership or effective control of, a qualified member.
(e) The limited-liability company shall comply with other regulations pertaining to limited-liability companies practicing public accounting in this State adopted by the Board.
2. Application for registration must be made upon the affidavit of the manager or a member of the limited-liability company. The affiant must hold a live permit to practice in this State as a certified public accountant or as a registered public accountant. The Board shall determine whether the applicant is eligible for registration. The Board may charge a registration fee and renewal fee and a reporting fee in an amount set by regulation. A limited-liability company which is so registered may use the words “public accountants” in connection with its name. Notice must be given to the Board within 1 month after the admission to or withdrawal of a member of a limited-liability company so registered.
(Added to NRS by 1995, 1475; A 1999, 1703; 2009, 318)
