{"data":{"id":"us-nv/nrs-86.555","jurisdiction":"us-nv","citation":"NRS 86.555","heading":"Issuance of occupational or professional license to limited-liability company by board or commission; regulations.","body":"1. Except as otherwise provided by statute, an agency, board or commission that regulates an occupation or profession pursuant to title 54, 55 or 56 of NRS may grant a license to a limited-liability company or a foreign limited-liability company if the agency, board or commission is authorized to grant a license to a corporation formed pursuant to chapter 78 of NRS.\n2. An agency, board or commission that makes a license available to a limited-liability company or foreign limited-liability company pursuant to subsection 1 shall adopt regulations:\n(a) Listing the persons in the limited-liability company or foreign limited-liability company who must qualify for the license or indicating that the agency, board or commission will use other means to determine whether the limited-liability company or foreign limited-liability company qualifies for a license;\n(b) Listing the persons who may engage in the activity for which the license is required on behalf of the limited-liability company or foreign limited-liability company;\n(c) Indicating whether the limited-liability company or foreign limited-liability company may engage in a business other than the business for which the license is required;\n(d) Listing the changes, if any, in the management or control of the limited-liability company or foreign limited-liability company that require notice, review, approval or other action by the agency, board or commission; and\n(e) Setting forth the conditions under which a limited-liability company or foreign limited-liability company may obtain a license.\n3. An agency, board or commission that adopts regulations pursuant to subsection 2 shall not impose a restriction or requirement on a limited-liability company or foreign limited-liability company which is significantly different from or more burdensome than the restrictions or requirements imposed on a partnership or corporation.","path":["TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES","CHAPTER 86 - LIMITED-LIABILITY COMPANIES","MISCELLANEOUS PROVISIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-086.html#NRS086Sec555","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:31Z","sha256":"ca72eb3d45877075e4f1fc69cd54fe9fdde2e98fd885849278d2ab1d80d0d7c5","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-86.549","next":"us-nv/nrs-86.557"},"notice":"GroundRules: Original legal text. Not legal advice."}