Nevada § 90.310 - Licensing of broker-dealers, sales representatives and transfer agents
Full text of Nevada Nevada Revised Statutes § 90.310 — Licensing of broker-dealers, sales representatives and transfer agents, with citation guidance and answers to common questions.
§ 90.310. Licensing of broker-dealers, sales representatives and transfer agents
1. It is unlawful for any person to transact business in this State as a broker-dealer
or sales representative unless licensed or exempt from licensing under this chapter. 2. It is unlawful for any issuer or any broker-dealer licensed under this chapter
to employ or contract with a person as a sales representative within this State unless
the sales representative is licensed or exempt from licensing under this chapter. 3. It is unlawful for any person to transact business in this State as a transfer
agent unless licensed or exempt from licensing under this chapter. 4. It is unlawful for a broker-dealer or an issuer engaged in offering securities
in this State to employ or contract with, in connection with any of the broker-dealer's
or issuer's activities in this State, any person who is suspended or barred from association
with a broker-dealer or investment adviser by the Administrator. A broker-dealer or issuer does not violate this subsection unless the broker-dealer
or issuer knows or in the exercise of reasonable care should know of the suspension
or bar. Upon request from a broker-dealer or issuer, and for good cause shown, the Administrator
by order may waive the prohibition of this subsection with respect to a particular
person who has been suspended or barred. 5. It is unlawful for any person licensed pursuant to this chapter to share, divide
or apportion fees with a person who is effecting or attempting to effect purchases
or sales of securities and is not licensed pursuant to the provisions of this chapter.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 90.310
What does Nevada Revised Statutes § 90.310 cover?
Section 90.310 ("Licensing of broker-dealers, sales representatives and transfer agents") 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 § 90.310?
A common citation format is "Nevada Revised Statutes § 90.310" (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 § 90.310 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.