Nevada § 616B.377 - Solicitor's permit: Commissioner to conduct investigation after filing of application for permit; required issuance of permit; Commissioner to give notice to applicant if application denied; fee nonrefundable

§ 616B.377. Solicitor's permit: Commissioner to conduct investigation after filing of application for permit; required issuance of permit; Commissioner to give notice to applicant if application denied; fee nonrefundable

1. After the filing of an application for a solicitor's permit, the Commissioner shall

promptly cause an investigation to be made of: (a) The identity, character, reputation, experience, financial standing and motives

of the persons proposing to organize, promote or finance the association of self-insured

public or private employers; (b) The character, financial responsibility, management experience and business qualifications

of the officers, directors and managers of the existing or proposed association;

and (c) Any other aspects of the solicitor, association or proposed financing as the Commissioner

deems advisable. 2. The Commissioner shall expeditiously examine an application for a solicitor's permit

and complete the investigation required pursuant to subsection 1. Except as otherwise

provided in subsection 3, if the Commissioner finds after performing an examination

and investigation that: (a) The application is complete and the applicable fee has been paid; (b) The documents filed with the application are proper in form; and (c) The proposed financing is reasonable and adequate in amount for the purposes intended

and the applicant is otherwise entitled to the permit, the Commissioner shall issue a permit and assign a permit number to the applicant. 3. If the Commissioner does not so find, or finds that: (a) The applicant is not competent, trustworthy, financially responsible or of good

personal and business reputation; (b) Any of the persons associated or to be associated with the association are not

of good reputation as to business affairs or financial responsibility; or (c) There is material variance, adverse to the applicant, as between the information

furnished by the applicant in connection with the application and that determined

by the Commissioner on investigation, the Commissioner shall give notice to the applicant that a permit will not be granted,

stating the particulars of the grounds for the denial. The Commissioner shall not refund the fee for the filing of the application.