598.852 Ā Organization to register on prescribed form and pay fee; certificate of registration; renewal of certificate. [Effective July 1, 2011.]

1. Ā Each organization for buying goods or services at a discount regulated by the provisions of NRS 598.840 to 598.930, inclusive, shall apply for registration on the form prescribed by the Division.

2. Ā At the time of application for registration, the applicant must pay to the Division an administrative fee of $25 and deposit the required security with the Division.

3. Ā Upon receipt of the security in the proper form and the payment of the administrative fee required by this section, the Division shall issue a certificate of registration to the applicant. A certificate of registration:

(a) Is not transferable or assignable; and

(b) Expires 1 year after it is issued.

4. Ā A registrant must renew a certificate of registration issued pursuant to this section before the certificate expires by submitting to the Division an application for the renewal of the certificate on a form prescribed by the Division.

(Added to NRS by 2009, 2709, effective July 1, 2011)