Nevada § 576.030 - Application for license: Contents; additional requirements for agents; appointment of Director as attorney upon whom process may be served

§ 576.030. Application for license: Contents; additional requirements for agents; appointment of Director as attorney upon whom process may be served

1. Every person, before acting as a broker, dealer, commission merchant or agent,

shall file an application with the Department for a license to transact such business. Separate applications must be filed for each class of business. 2. The application must be on a form prescribed and furnished by the Department and

must set forth: (a) The full name of the person applying for the license. If the applicant is a firm, exchange, association or corporation, the full name

of each member of the firm, or the names of the officers of the exchange, association

or corporation must be given in the application. (b) If the applicant is a natural person, the social security number of the applicant. (c) The principal business address of the applicant in this State and elsewhere. (d) The name of the person authorized to accept service of summons and legal notice

of all kinds for the applicant. (e) The names and addresses of all persons by whom the applicant has been employed

for a period of 3 years immediately preceding the making of the application. (f) A complete statement of the applicant's business activity for the 3 years immediately

preceding the making of the application which is not covered by paragraph (e). (g) The county or counties in which the applicant proposes to engage in business. (h) The class or classes of farm products the applicant proposes to handle. (i) Such other information as the Department may reasonably require. 3. In addition to the general requirements applicable to all classes of applications

as set forth in subsection 2, each application for a license as an agent must be in

the same form as an application for a license as a broker, dealer or commission merchant,

and must include the name and address of the broker, dealer or commission merchant

represented or sought to be represented by the agent, and the written endorsement

or nomination of the broker, dealer or commission merchant. 4. The application must be accompanied by an executed instrument whereby the applicant: (a) Appoints and constitutes the Director and the Director's successor or successors

in office the true and lawful attorney of the applicant upon whom all lawful process

in any action or legal proceeding against the applicant arising in this State from

a transaction under the provisions of this chapter may be served; and (b) Agrees that any lawful process against the applicant which may be served upon

the applicant's attorney as provided in this subsection is of the same force and validity

as if served upon the applicant and that the authority thereof continues in force

irrevocably as long as any liability of the applicant in the State remains outstanding.