{"data":{"id":"us-nv/nrs-624.740","jurisdiction":"us-nv","citation":"NRS 624.740","heading":"Unlawful to act in joint venture or combination without additional license.","body":"1. It is unlawful for any two or more licensees, whose licenses have been limited by the Board to contracts not exceeding certain monetary sums and each of whom has been issued a license to engage separately in the business or to act separately in the capacity of a contractor within this State, jointly to submit a bid or otherwise act in the capacity of a contractor within this State without first having secured an additional license for acting in the capacity of such a joint venture or combination in accordance with the provisions of this chapter as provided for an individual, copartnership or corporation.\n2. A licensee whose license is limited to contracts not exceeding certain monetary sums cannot be a party to a joint venture unless such licensee has secured an additional license for such joint venture.","path":["TITLE 54 — PROFESSIONS, OCCUPATIONS AND BUSINESSES","CHAPTER 624 - CONTRACTORS","PROHIBITED ACTS; PENALTIES; ENFORCEMENT"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-624.html#NRS624Sec740","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:44Z","sha256":"74829ed657014714541506020e9799d845e63e71388ed0c0d7e1b7258754d8b9","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-624.730","next":"us-nv/nrs-624.750"},"notice":"GroundRules: Original legal text. Not legal advice."}