REGULATION BEING PROPOSED FOR ADOPTION
The Nevada Revised Statute (NRS) is that
body of laws enacted by the Nevada Legislature. The Nevada Administrative Code (NAC)
are those regulations which are adopted by the Financial Institutions Division
Commissioner, as applicable to the statutes he has been charged with enforcing.
The provisions of the (NAC) regulations expand on the statutes, and in some
cases the legislature has required the Commissioner to adopt certain regulations
in the formulation of his oversight responsibility.
The process of adopting a regulation
requires the (a) posting of a notice regarding a proposed regulations; (b) the
conducting of a public "workshop"; and (c) the conducting of a public "hearing"
to consider public input regarding the proposed regulation. Upon completion of
the public "hearing" the Commission may move to adopt the proposed regulations,
with any amendments he feels are appropriate. The regulation becomes effective
upon the filing of the adopted regulation with the Secretary of State's Office.
posting of the notice is given at least 15 days before the
regulation "workshop"; is mailed to all concerned
licensees/registrants; and is posted at the principal library in
each county in Nevada. The regulation "hearing" is conducted
following the regulation "workshop."
FOLLOWING ARE REGULATIONS BEING PROPOSED:
(Click on "Licensee Type"
for proposed regulation text)