Nevada § 502.040 - License agents: Regulations; duties; fees; inspections

Full text of Nevada Nevada Revised Statutes § 502.040 — License agents: Regulations; duties; fees; inspections, with citation guidance and answers to common questions.

§ 502.040. License agents: Regulations; duties; fees; inspections

1. The Commission shall adopt regulations establishing: (a) The procedures for applying to become a license agent. (b) The standards to be met by license agents in the performance of their duties. (c) The requirements for the furnishing of surety bonds by license agents. (d) The manner of remitting money to the Department. (e) The manner of accounting for licenses, tags, stamps, permits and other documents

received, issued, sold or returned. A license agent's authority may be revoked by the Department for the agent’s failure

to abide by the regulations of the Commission. The agent may appeal to the Commission for reinstatement. 2. An application to become a license agent must be accompanied by a fee of $100 for

processing the application. 3. A license agent designated by the Department is responsible for the correct issuance

of all licenses, tags, stamps, permits and other documents entrusted to the agent

and, so far as the agent is able, for ensuring that no licenses are issued upon the

false statement of an applicant. Before issuing any license, the license agent shall satisfy himself or herself of

the identity of the applicant and the place of the applicant’s residence, and may

require any applicant to present proof of the applicant’s identity and residence. 4. A license agent is responsible to the Department for the collection of the correct

and required fee, for the safeguarding of the money collected by the agent and for

the prompt remission to the Department for deposit in accordance with NRS 501.356 of all money collected. The Department shall furnish to the license agent receipts for all money which the

agent remits to it. A license agent shall furnish a receipt to the Department of all licenses, tags,

stamps, permits and other documents which the agent receives from it. 5. For each license, tag, stamp, permit or other document a license agent sells, and

each apprentice hunting license the agent issues pursuant to NRS 502.066 , the license agent is entitled to receive a service fee of: (a) One dollar for each license, tag, permit or other document, in addition to the

fee for the license, tag, permit or other document; and (b) Ten cents for each stamp. 6. Any person authorized to enforce this chapter may inspect, during the license agent's

normal business hours, any record or document of the agent relating to the issuance

of any such license, stamp, tag, permit or other document. 7. All money collected by a license agent, except service fees collected pursuant

to subsection 5, is public money of the State of Nevada, and the State has a prior

claim for the amount of money due it upon all assets of the agent over all creditors,

assignees or other claimants. The use of this money for private or business transactions is a misuse of public

money and punishable under the laws provided.

Source: official Nevada text · Last verified 2026-08-27

Frequently Asked Questions About Nevada § 502.040

What does Nevada Revised Statutes § 502.040 cover?

Section 502.040 ("License agents: Regulations; duties; fees; inspections") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Nevada § 502.040?

A common citation format is "Nevada Revised Statutes § 502.040" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Nevada law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.

How does Nevada § 502.040 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.