{"data":{"id":"us-nv/nrs-645.370","jurisdiction":"us-nv","citation":"NRS 645.370","heading":"Issuance of license to certain organizations doing business as broker; restrictions.","body":"1. Each limited-liability company doing business as a real estate broker must designate its manager, each partnership doing business as a real estate broker must designate one of its members, and each corporation doing business as a real estate broker must designate one of its officers, to submit an application for a broker’s license.\n2. Upon such manager’s, member’s or officer’s successfully passing the examination, and upon compliance with all other requirements of law by the limited-liability company, partnership or corporation, as well as by the designated manager, member or officer, the Division shall issue a broker’s license to the manager, member or officer on behalf of the limited-liability company, corporation or partnership, and thereupon the manager, member or officer so designated is entitled to perform all the acts of a real estate broker contemplated by this chapter; except:\n(a) That the license entitles the manager, member or officer so designated to act as a real estate broker only as officer or agent of the limited-liability company, partnership or corporation, and not on his or her own behalf, except as otherwise provided in NRS 645.385; and\n(b) That if in any case the person so designated is refused a license by the Real Estate Division, or in case the person ceases to be connected with the limited-liability company, partnership or corporation, the limited-liability company, partnership or corporation may designate another person who must apply and qualify as in the first instance.","path":["TITLE 54 — PROFESSIONS, OCCUPATIONS AND BUSINESSES","CHAPTER 645 - REAL ESTATE BROKERS AND SALESPERSONS","LICENSES"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-645.html#NRS645Sec370","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:45Z","sha256":"fe50602aa023c2878917be33aecf9284c5712764c726aec2ec188a19db182090","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-645.358--2","next":"us-nv/nrs-645.380"},"notice":"GroundRules: Original legal text. Not legal advice."}