Nev. Rev. Stat. § 645.380
Issuance of license as broker required for certain members and officers of certain organizations
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NRS 645.380 Issuance of license as broker required for certain members and
officers of certain organizations. Each
member or officer of a limited-liability company, partnership or corporation
who will perform or engage in any of the acts specified in NRS 645.030, other than the manager, member
or officer designated for such purpose by the limited-liability company,
partnership or corporation in the manner provided in NRS 645.370, must apply for and take out a
separate broker’s license in his or her own name individually. The license
issued to any such member or officer of a limited-liability company,
partnership or corporation entitles the member or officer to act as a real
estate broker only as an 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.
[Part 9:150:1947; 1943 NCL § 6396.09]—(NRS A 1983, 165; 1985, 1266; 1997, 168)
Notes of Decisions
Cited in 1
case, 1993–1993 · leading case: Loomis v. Lange Financial Corp.
Loomis v. Lange Financial Corp. (1993)
“Additionally, each member or officer of a corporation or partnership who is going to perform or engage in any of the acts specified in NRS 645.”
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