[Rev. 6/29/2024 2:52:20 PM--2023]
CHAPTER 77 - MODEL REGISTERED AGENTS ACT
GENERAL PROVISIONS
NRS 77.010 Short title.
NRS 77.020 Definitions.
NRS 77.030 “Appointment of agent” defined.
NRS 77.040 “Commercial registered agent” defined.
NRS 77.050 “Domestic entity” defined.
NRS 77.060 “Entity” defined.
NRS 77.070 “Filing entity” defined.
NRS 77.080 “Foreign entity” defined.
NRS 77.090 “Foreign qualification document” defined.
NRS 77.100 “Governor” defined.
NRS 77.110 “Interest” defined.
NRS 77.120 “Interest holder” defined.
NRS 77.130 “Jurisdiction of organization” defined.
NRS 77.140 “Noncommercial registered agent” defined.
NRS 77.150 “Nonqualified foreign entity” defined.
NRS 77.155 “Nonresident guardian” defined.
NRS 77.160 “Nonresident LLP statement” defined.
NRS 77.170 “Organic law” defined.
NRS 77.180 “Organic rules” defined.
NRS 77.190 “Person” defined.
NRS 77.200 “Public organic document” defined.
NRS 77.210 “Qualified foreign entity” defined.
NRS 77.230 “Registered agent” defined.
NRS 77.240 “Registered agent filing” defined.
NRS 77.250 “Represented entity” defined.
NRS 77.270 “Type” defined.
FILINGS
NRS 77.280 Fees.
NRS 77.290 Form required for filing of records.
NRS 77.300 Addresses in filings.
NRS 77.305 Registration of individual or corporation willing to serve as registered agent for corporation, limited-liability company or limited partnership.
NRS 77.310 Appointment of registered agent.
NRS 77.320 Registration of commercial registered agent.
NRS 77.330 Termination of registration of commercial registered agent.
NRS 77.340 Change of registered agent by entity.
NRS 77.350 Change of name or address by noncommercial registered agent.
NRS 77.360 Change of name, address, type or jurisdiction of organization by commercial registered agent.
NRS 77.370 Resignation of registered agent.
NRS 77.380 Appointment of agent by nonfiling entity or nonqualified foreign entity.
NRS 77.385 Cancellation of filings.
AGENCY AND DUTIES
NRS 77.390 Service of process on entities.
NRS 77.400 Duties of registered agent.
NRS 77.410 Registered agent required to verify licensure of entity under certain circumstances.
NRS 77.420 Failure of entity to comply with chapter 604A or 675 of NRS; requirements of registered agent; fine.
NRS 77.430 Regulations; registered agent may be enjoined from serving under certain circumstances.
NRS 77.440 Jurisdiction and venue.
ENFORCEMENT
NRS 77.443 Examination of records by Secretary of State.
NRS 77.447 Penalties; notice of alleged violation; opportunity to correct alleged violation.
MISCELLANEOUS PROVISIONS
NRS 77.450 Consistency of application.
NRS 77.460 Relation to Electronic Signatures in Global and National Commerce Act.
_________
GENERAL PROVISIONS
NRS 77.010 Short title. This chapter may be cited as the Model Registered Agents Act.
(Added to NRS by 2007, 2630)
NRS 77.020 Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 77.030 to 77.270, inclusive, have the meanings ascribed to them in those sections.
(Added to NRS by 2007, 2630; A 2017, 4363)
NRS 77.030 “Appointment of agent” defined. “Appointment of agent” means a statement appointing an agent for service of process filed by a:
1. Domestic entity that is not a filing entity or a nonqualified foreign entity under NRS 77.380; or
2. Nonresident guardian.
(Added to NRS by 2007, 2630; A 2017, 4363)
NRS 77.040 “Commercial registered agent” defined. “Commercial registered agent” means an individual or a domestic or foreign entity transacting business as a registered agent for 10 or more entities or any registered agent who elects to be registered under NRS 77.320.
(Added to NRS by 2007, 2630; A 2013, 834)
NRS 77.050 “Domestic entity” defined. “Domestic entity” means an entity whose internal affairs are governed by the law of this State.
(Added to NRS by 2007, 2630)
NRS 77.060 “Entity” defined. “Entity” means a person that has a separate legal existence or has the power to acquire an interest in real property in its own name. The term does not include:
1. Any individual other than a nonresident guardian;
2. A testamentary, inter vivos or charitable trust, with the exception of a business trust, statutory trust or similar trust;
3. An association or relationship that is not a partnership by reason of NRS 87.070, subsection 3 of NRS 87.4322 or similar provisions of the law of any other jurisdiction;
4. A decedent’s estate; or
5. A public corporation, government or governmental subdivision, agency or instrumentality or a quasi-governmental instrumentality.
(Added to NRS by 2007, 2630; A 2017, 4363)
NRS 77.070 “Filing entity” defined. “Filing entity” means an entity that is created by the filing of a public organic document.
(Added to NRS by 2007, 2631)
NRS 77.080 “Foreign entity” defined. “Foreign entity” means an entity other than a domestic entity.
(Added to NRS by 2007, 2631)
NRS 77.090 “Foreign qualification document” defined. “Foreign qualification document” means an application for a certificate of authority or other foreign qualification filing with the Secretary of State by a foreign entity.
(Added to NRS by 2007, 2631)
NRS 77.100 “Governor” defined. “Governor” means a person by or under whose authority the powers of an entity are exercised and under whose direction the business and affairs of the entity are managed pursuant to the organic law and organic rules of the entity.
(Added to NRS by 2007, 2631)
NRS 77.110 “Interest” defined.
1. “Interest” means:
(a) A governance interest in an unincorporated entity;
(b) A transferable interest in an unincorporated entity; or
(c) A share or membership in a corporation.
2. As used in this section:
(a) “Governance interest” means the right under the organic law or organic rules of an entity, other than as a governor, agent, assignee or proxy, to:
(1) Receive or demand access to information concerning, or the books and records of, the entity;
(2) Vote for the election of the governors of the entity; or
(3) Receive notice of or vote on any or all issues involving the internal affairs of the entity.
(b) “Transferable interest” means the right under an entity’s organic law to receive distributions from the entity.
(Added to NRS by 2007, 2631)
NRS 77.120 “Interest holder” defined. “Interest holder” means a direct holder of an interest.
(Added to NRS by 2007, 2631)
NRS 77.130 “Jurisdiction of organization” defined. “Jurisdiction of organization,” with respect to an entity, means the jurisdiction whose law includes the organic law of the entity.
(Added to NRS by 2007, 2631)
NRS 77.140 “Noncommercial registered agent” defined. “Noncommercial registered agent” means a person that is not registered as a commercial registered agent under NRS 77.320 and that is:
1. An individual or a domestic or foreign entity that serves in this State as the agent for service of process of an entity; or
2. The individual who holds the office or other position in an entity that is designated as the agent for service of process pursuant to subparagraph (2) of paragraph (b) of subsection 1 of NRS 77.310.
(Added to NRS by 2007, 2631; A 2013, 834)
NRS 77.150 “Nonqualified foreign entity” defined. “Nonqualified foreign entity” means a foreign entity that is not authorized to transact business in this State pursuant to a filing with the Secretary of State.
(Added to NRS by 2007, 2631)
NRS 77.155 “Nonresident guardian” defined. “Nonresident guardian” means a person who is not a resident of this State and who is appointed as guardian for a protected person pursuant to NRS 159.0613. As used in this section, “guardian” has the meaning ascribed to it in NRS 159.017.
(Added to NRS by 2017, 4363)
NRS 77.160 “Nonresident LLP statement” defined. “Nonresident LLP statement” means:
1. A certificate of registration of a domestic registered limited-liability partnership that does not have an office in this State; or
2. The foreign qualification filing of a foreign registered limited-liability partnership that does not have an office in this State.
(Added to NRS by 2007, 2631)
NRS 77.170 “Organic law” defined. “Organic law” means the statutes, if any, other than this chapter, governing the internal affairs of an entity.
(Added to NRS by 2007, 2631)
NRS 77.180 “Organic rules” defined. “Organic rules” means the public organic document and private organic rules of an entity. As used in this section, “private organic rules” means the rules, whether or not in a record, that govern the internal affairs of an entity, are binding on all of its interest holders and are not part of its public organic document, if any.
(Added to NRS by 2007, 2632)
NRS 77.190 “Person” defined. “Person” means an individual, corporation, estate, trust, partnership, limited-liability company, business or similar trust, association, joint venture, public corporation, government or governmental subdivision, agency or instrumentality, or any other legal or commercial entity.
(Added to NRS by 2007, 2632)
NRS 77.200 “Public organic document” defined. “Public organic document” means the public record the filing of which creates an entity, and any amendment to or restatement of that record.
(Added to NRS by 2007, 2632)
NRS 77.210 “Qualified foreign entity” defined. “Qualified foreign entity” means a foreign entity that is authorized to transact business in this State pursuant to a filing with the Secretary of State.
(Added to NRS by 2007, 2632)
NRS 77.230 “Registered agent” defined. “Registered agent” means a commercial registered agent or a noncommercial registered agent.
(Added to NRS by 2007, 2632)
NRS 77.240 “Registered agent filing” defined. “Registered agent filing” means:
1. The public organic document of a domestic filing entity;
2. A nonresident LLP statement;
3. A foreign qualification document;
4. An appointment of agent; or
5. Any other filing with the Secretary of State under an entity’s organic law that must include the information required pursuant to NRS 77.310.
(Added to NRS by 2007, 2632)
NRS 77.250 “Represented entity” defined. “Represented entity” means:
1. A domestic filing entity;
2. A domestic or qualified foreign limited-liability partnership that does not have an office in this State;
3. A qualified foreign entity;
4. A domestic or foreign unincorporated nonprofit association for which an appointment of agent has been filed;
5. A domestic entity that is not a filing entity for which an appointment of agent has been filed;
6. A nonqualified foreign entity for which an appointment of agent has been filed; or
7. A nonresident guardian.
(Added to NRS by 2007, 2632; A 2017, 4363)
NRS 77.270 “Type” defined. “Type,” with respect to an entity, means a generic form of entity:
1. Recognized at common law; or
2. Organized under an organic law, whether or not some entities organized under that organic law are subject to provisions of that law that create different categories of the form of entity.
(Added to NRS by 2007, 2632)
FILINGS
1. The Secretary of State shall collect the following fees when a filing is made under this chapter:
(a) For a statement of change, $60.
(b) For a statement of resignation, $100 for the first entity listed on the statement of resignation and $1 for each additional entity listed on the statement of resignation.
(c) For a statement appointing an agent for service of process, $60.
2. The Secretary of State shall collect the following fees for copying and certifying a copy of any document filed under this chapter:
(a) For copying any document, $2 per page.
(b) For certifying a copy of any document, $30.
(Added to NRS by 2007, 2633; A 2013, 834)
NRS 77.290 Form required for filing of records.
1. Each record filed with the Secretary of State pursuant to this chapter must be on or accompanied by a form prescribed by the Secretary of State.
2. The Secretary of State may refuse to file a record which does not comply with subsection 1 or which does not contain all of the information required by statute for filing the record.
3. If the provisions on the form prescribed by the Secretary of State conflict with the provisions of any record that is submitted for filing with the form:
(a) The provisions of the form control for all purposes with respect to information that is required by statute to appear in the record in order for the record to be filed; and
(b) Unless otherwise provided in the record, the provisions of the record control in every other situation.
4. The Secretary of State may by regulation provide for the electronic filing of records with the Office of the Secretary of State.
(Added to NRS by 2007, 2633)
NRS 77.300 Addresses in filings. Whenever a provision of this chapter requires that a filing state an address, the filing must state:
1. An actual street address or rural route box number in this State; and
2. A mailing address in this State, if different from the address under subsection 1.
(Added to NRS by 2007, 2633; A 2009, 2825)
NRS 77.305 Registration of individual or corporation willing to serve as registered agent for corporation, limited-liability company or limited partnership.
1. Any individual residing or corporation located in this State may register for that calendar year a willingness to serve as the registered agent of a domestic or foreign corporation, limited-liability company or limited partnership with the Secretary of State. The registration must state the full, legal name of the individual or corporation willing to serve as the registered agent and be accompanied by a fee of $500 per office location of the registered agent.
2. The Secretary of State shall maintain a list of those individuals and corporations who are registered pursuant to subsection 1 and make the list available to persons seeking to do business in this State.
3. The Secretary of State may amend any information provided in the list if an individual or a corporation who is included in the list:
(a) Requests the amendment; and
(b) Pays a fee of $50.
4. The Secretary of State may adopt regulations prescribing the content, maintenance and presentation of the list.
(Added to NRS by 2013, 833)
NRS 77.310 Appointment of registered agent.
1. A registered agent filing must state:
(a) The name of the represented entity’s commercial registered agent; or
(b) If the entity does not have a commercial registered agent:
(1) The name and address of the entity’s noncommercial registered agent; or
(2) The title of an office or other position with the entity if service of process is to be sent to the person holding that office or position, and the address of the business office of that person.
2. The appointment of a registered agent pursuant to paragraph (a) or (b) of subsection 1 must be accompanied by a certificate of acceptance of the appointment by the registered agent.
(Added to NRS by 2007, 2633)
NRS 77.320 Registration of commercial registered agent.
1. An individual or a domestic or foreign entity shall not serve as the registered agent in this State of 10 or more domestic or foreign entities unless the individual or domestic or foreign entity is registered as a commercial registered agent pursuant to this section.
2. An individual or a domestic or foreign entity may become registered as a commercial registered agent by filing with the Secretary of State a commercial registered agent registration statement on a form prescribed by the Secretary of State signed under penalty of perjury by the individual or by an individual authorized to sign the statement on behalf of the entity, which states:
(a) The legal name of the individual or the legal name, type and jurisdiction of organization of the entity;
(b) That the person is in the business of serving as a commercial registered agent in this State;
(c) The address of a place of business of the person in this State to which service of process and other notice and documents being served on or sent to entities represented by it may be delivered;
(d) The name, address and telephone number of the individual who has the authority to act on behalf of the commercial registered agent;
(e) If the person filing the statement is an individual, that the individual:
(1) Has not been convicted of a felony or, if the individual has been convicted of a felony, a statement that the individual has had his or her civil rights restored; and
(2) Has not had his or her ability to serve as a registered agent denied or revoked by the appropriate authority of this State or another state, or has not been enjoined by a court of competent jurisdiction from serving as a registered agent, because the individual has engaged in conduct in his or her capacity as a registered agent that was intended to or likely to deceive or defraud the public;
(f) If the person filing the statement is a domestic or foreign entity, that each director, officer or managing agent of the entity:
(1) Has not been convicted of a felony or, if a director, officer or managing agent has been convicted of a felony, a statement that the individual has had his or her civil rights restored; and
(2) Has not had his or her ability to serve as a registered agent or a director, officer or managing agent of a registered agent denied or revoked by the appropriate authority of this State or another state, or has not been enjoined by a court of competent jurisdiction from serving as a registered agent or a director, officer or managing agent of a registered agent, because the individual has engaged in conduct in his or her capacity as a registered agent, or as a director, officer or managing agent of a registered agent, that was intended to or likely to deceive or defraud the public; and
(g) Any other information the Secretary of State deems appropriate.
3. If the name of a person filing a commercial registered agent registration statement is not distinguishable on the records of the Secretary of State from the name of another commercial registered agent registered under this section, the person must adopt a fictitious name that is distinguishable and use that name in its statement and when it does business in this State as a commercial registered agent. For the purposes of this subsection, a proposed name is not distinguishable from another name solely because one or the other contains distinctive lettering, a distinctive mark, a trademark or a trade name or any combination of these. The Secretary of State may adopt regulations that interpret the requirements of this subsection.
4. A commercial registered agent registration statement takes effect on filing.
5. The Secretary of State shall note the filing of the commercial registered agent registration statement in the index of filings maintained by the Secretary of State for each entity represented by the registered agent at the time of the filing. The statement has the effect of deleting the address of the registered agent from the registered agent filing of each of those entities.
6. The Secretary of State may deny registration as a commercial registered agent or revoke the registration of a commercial registered agent if the person filing the registration statement or the commercial registered agent is:
(a) An individual who:
(1) Has been convicted of a felony and has not had his or her civil rights restored; or
(2) Has had his or her ability to serve as a registered agent denied or revoked by the appropriate authority of this State or another state, or has been enjoined by a court of competent jurisdiction from serving as a registered agent, because the individual has engaged in conduct in his or her capacity as a registered agent that was intended to or likely to deceive or defraud the public; or
(b) A domestic or foreign entity, and a director, officer or managing agent of the entity:
(1) Has been convicted of a felony and the individual has not had his or her civil rights restored; or
(2) Has had his or her ability to serve as a registered agent or a director, officer or managing agent of a registered agent denied or revoked by the appropriate authority of this State or another state, or has been enjoined by a court of competent jurisdiction from serving as a registered agent or a director, officer or managing agent of a registered agent, because the individual has engaged in conduct in his or her capacity as a registered agent, or as a director, officer or managing agent of a registered agent, that was intended to or likely to deceive or defraud the public.
(Added to NRS by 2007, 2633; A 2013, 835)
NRS 77.330 Termination of registration of commercial registered agent.
1. A commercial registered agent which serves as the registered agent in this State for less than 10 entities or which ceases to serve as a registered agent in this State may terminate its registration as a commercial registered agent by filing with the Secretary of State a commercial registered agent termination statement signed by or on behalf of the agent which states:
(a) The name of the agent as currently registered under NRS 77.320; and
(b) That the agent is no longer in the business of serving as a commercial registered agent in this State.
2. A commercial registered agent termination statement takes effect on the 31st day after the day on which it is filed.
3. The commercial registered agent shall promptly furnish each entity represented by it with notice in a record of the filing of the commercial registered agent termination statement.
4. When a commercial registered agent termination statement takes effect, the registered agent ceases to be an agent for service of process on each entity formerly represented by it. Termination of the registration of a commercial registered agent under this section does not affect any contractual rights a represented entity may have against the agent or that the agent may have against the entity.
(Added to NRS by 2007, 2634; A 2013, 836)
NRS 77.340 Change of registered agent by entity.
1. A represented entity may change the information currently on file pursuant to NRS 77.310 by filing with the Secretary of State a statement of change signed on behalf of the entity which states:
(a) The name of the entity; and
(b) The information that is to be in effect as a result of the filing of the statement of change.
2. The interest holders or governors of a domestic entity need not approve the filing of:
(a) A statement of change under this section; or
(b) A similar filing changing the registered agent or registered office of the entity in any other jurisdiction.
3. If a filing made pursuant to subsection 1 results in a change of the registered agent of the represented entity, the filing must include the information required pursuant to NRS 77.310.
4. A statement of change filed under this section takes effect on filing.
5. Instead of using the procedures in this section, a represented entity may change the information currently on file under NRS 77.310 by amending its most recent registered agent filing in the manner provided by the laws of this State other than this chapter for amending that filing.
(Added to NRS by 2007, 2634)
NRS 77.350 Change of name or address by noncommercial registered agent.
1. If a noncommercial registered agent changes its name or its address as currently in effect with respect to a represented entity pursuant to NRS 77.310, the agent shall file with the Secretary of State, with respect to each entity represented by the agent, a statement of change signed by or on behalf of the agent which states:
(a) The name of the entity;
(b) The name and address of the agent as currently in effect with respect to the entity;
(c) If the name of the agent has changed, its new name; and
(d) If the address of the agent has changed, the new address.
2. A statement of change filed under this section takes effect on filing.
3. A noncommercial registered agent shall promptly furnish the represented entity with notice in a record of the filing of a statement of change and the changes made by the filing.
(Added to NRS by 2007, 2635)
NRS 77.360 Change of name, address, type or jurisdiction of organization by commercial registered agent.
1. If a commercial registered agent changes its name, its address as currently registered under subsection 2 of NRS 77.320 or its type or jurisdiction of organization, the agent shall file with the Secretary of State a statement of change signed by or on behalf of the agent which states:
(a) The name of the agent as currently registered under subsection 2 of NRS 77.320;
(b) If the name of the agent has changed, its new name;
(c) If the address of the agent has changed, the new address; and
(d) If the type or jurisdiction of organization of the agent has changed, the new type or jurisdiction of organization.
2. The filing of a statement of change under subsection 1 is effective to change the information regarding the commercial registered agent with respect to each entity represented by the agent.
3. A statement of change filed under this section takes effect on filing.
4. A commercial registered agent shall promptly furnish each entity represented by it with notice in a record of the filing of a statement of change relating to the name or address of the agent and the changes made by the filing.
5. If a commercial registered agent changes its address without filing a statement of change as required by this section, the Secretary of State may cancel the registration of the agent under NRS 77.320. A cancellation under this subsection has the same effect as a termination under NRS 77.330. Promptly after cancelling the registration of an agent, the Secretary of State shall serve notice in a record on the:
(a) Governors of each entity represented by the agent, stating that the agent has ceased to be an agent for service of process on the entity and that, until the entity appoints a new registered agent, service of process may be made in the manner provided by NRS 14.030; and
(b) Agent, stating that the registration of the agent has been cancelled under this section.
(Added to NRS by 2007, 2635; A 2013, 837)
NRS 77.370 Resignation of registered agent.
1. A registered agent may resign at any time with respect to a represented entity by filing with the Secretary of State a statement of resignation signed by or on behalf of the agent which states:
(a) The name of the entity;
(b) The name of the agent;
(c) That the agent resigns from serving as agent for service of process for the entity; and
(d) That written notice of the resignation has been or will be provided to each represented entity from which the registered agent is resigning.
2. A statement of resignation takes effect on the earlier of the 31st day after the day on which it is filed or the appointment of a new registered agent for the represented entity.
3. The registered agent shall promptly furnish the represented entity with notice in a record of the date on which a statement of resignation was filed. The registered agent shall keep a copy of each notice provided to a represented entity on file for 1 year after the date of filing the statement of resignation and shall make any such copy available to the Secretary of State upon request.
4. When a statement of resignation takes effect, the registered agent ceases to have responsibility for any matter tendered to it as agent for the represented entity. A resignation under this section does not affect any contractual rights the entity may have against the agent or that the agent may have against the entity.
5. A registered agent may resign with respect to a represented entity whether or not the entity is in good standing.
(Added to NRS by 2007, 2636; A 2009, 2825; 2019, 2483)
NRS 77.380 Appointment of agent by nonfiling entity or nonqualified foreign entity.
1. A domestic entity that is not a filing entity or a nonqualified foreign entity may file with the Secretary of State a statement appointing an agent for service of process signed on behalf of the entity which includes, without limitation:
(a) The name, type and jurisdiction of organization of the entity; and
(b) The information required pursuant to NRS 77.310.
2. A statement appointing an agent for service of process takes effect on filing.
3. The appointment of a registered agent under this section does not qualify a nonqualified foreign entity to do business in this State and is not sufficient alone to create personal jurisdiction over the nonqualified foreign entity in this State.
4. A statement appointing an agent for service of process may not be rejected for filing because the name of the entity filing the statement is not distinguishable on the records of the Secretary of State from the name of another entity appearing in those records. The filing of a statement appointing an agent for service of process does not make the name of the entity filing the statement unavailable for use by another entity.
5. An entity that has filed a statement appointing an agent for service of process may cancel the statement by filing a statement of cancellation, which shall take effect upon filing, and must state the name of the entity and that the entity is cancelling its appointment of an agent for service of process in this State. A statement appointing an agent for service of process, which has not been cancelled earlier, is effective for a period of 5 years after the date of filing.
6. A statement appointing an agent for service of process for a nonqualified foreign entity terminates automatically on the date the entity becomes a qualified foreign entity.
(Added to NRS by 2007, 2636)
NRS 77.385 Cancellation of filings. If an entity has made a filing with the Secretary of State pursuant to this chapter and the Secretary of State has not processed the filing and placed the filing into the public record, the entity may cancel the filing by:
1. Filing a statement of cancellation with the Secretary of State; and
2. Paying a fee of $50.
(Added to NRS by 2009, 2825)
AGENCY AND DUTIES
NRS 77.390 Service of process on entities. A registered agent is an agent of the represented entity authorized to receive service of any process, notice or demand required or permitted by law to be served on the entity.
(Added to NRS by 2007, 2637)
NRS 77.400 Duties of registered agent. The only duties under this chapter required of a registered agent who has complied with this chapter are:
1. To receive and forward to the represented entity at the address most recently supplied to the agent by the entity any process, notice or demand that is served on the agent;
2. To provide the notices required by this chapter to the entity at the address most recently supplied to the agent by the entity;
3. If the agent is a noncommercial registered agent, to keep current the information required pursuant to NRS 77.310 in the most recent registered agent filing for the entity;
4. If the agent is a commercial registered agent, to keep current the information in its registration under subsection 2 of NRS 77.320;
5. To maintain the documents required to be held by the represented entity with the registered agent pursuant to this title; and
6. To maintain the name and street address of a contact person for each represented entity.
(Added to NRS by 2007, 2637; A 2013, 837; 2015, 1278)
NRS 77.410 Registered agent required to verify licensure of entity under certain circumstances.
1. If a registered agent knows or reasonably should know that the entity for which he or she is the registered agent engages in any business activity that is regulated pursuant to chapter 604A or 675 of NRS and the registered agent or a subsidiary or affiliate of the registered agent performs any service for the represented entity other than:
(a) Delivering documents for filing to state or local governmental entities;
(b) Forwarding unopened mail;
(c) Any service described in NRS 77.400;
(d) Accounting services incidental to the formation of the entity for which he or she serves as registered agent provided in accordance with chapter 628 of NRS; or
(e) Legal services incidental to the formation of the entity for which he or she serves as registered agent if the registered agent is an attorney who is licensed to practice law in this State or performs such services under the supervision of an attorney who is licensed to practice law in this State,
Ê the registered agent shall verify with the Division of Financial Institutions of the Department of Business and Industry that the represented entity is licensed pursuant to chapter 604A or 675 of NRS, as applicable.
2. Except as otherwise provided in this subsection, if a registered agent determines pursuant to subsection 1 that the represented entity is not licensed as required pursuant to chapter 604A or 675 of NRS, the registered agent shall notify the Commissioner of Financial Institutions. This subsection does not require a registered agent who is an attorney to notify the Commissioner if doing so would violate any privilege pursuant to NRS 49.035 to 49.115, inclusive, or the Nevada Rules of Professional Conduct.
3. A registered agent who accepts an appointment to act as the registered agent for a represented entity whom the registered agent knows or reasonably should know engages in business activities which are regulated pursuant to chapter 604A or 675 of NRS shall not perform any financial transactions on behalf of the represented entity in his or her capacity as registered agent.
(Added to NRS by 2007, 2637; A 2009, 1672)
NRS 77.420 Failure of entity to comply with chapter 604A or 675 of NRS; requirements of registered agent; fine.
1. If the Commissioner of Financial Institutions determines, after investigation, that a represented entity of a registered agent has failed to comply with the provisions of chapter 604A or 675 of NRS, the Commissioner may issue an order to the registered agent to cease and refrain from providing all services for the represented entity other than those services set forth in NRS 77.400.
2. A registered agent who receives an order pursuant to subsection 1 shall immediately notify the represented entity. The represented entity shall be deemed to have received the order on the date that it is received by the registered agent.
3. Any contract between a registered agent, its subsidiary or affiliate and the represented entity entered into on or after July 1, 2008, shall be deemed to include a provision that provides for the termination of the contract or agreement without liability to the registered agent, its subsidiary or affiliate, upon the issuance of an order issued pursuant to this section, except for any agreement for the provision of the services set forth in NRS 77.400. Any provision of a contract which conflicts with this subsection is void. Failure to include such a provision in a contract is not a defense in an action brought to enforce or terminate the contract.
4. An order issued pursuant to subsection 1 is a final decision for the purposes of judicial review pursuant to chapter 233B of NRS. A registered agent shall comply with any such order pending judicial review.
5. If the Commissioner of Financial Institutions finds that a registered agent has failed to comply with an order issued pursuant to this section, the Commissioner may impose an administrative fine of not more than $1,000 upon the registered agent. Any fine collected pursuant to this section must be deposited with the State Treasurer for credit to the State General Fund.
(Added to NRS by 2007, 2637; A 2009, 1861)
NRS 77.430 Regulations; registered agent may be enjoined from serving under certain circumstances.
1. The Secretary of State may adopt such regulations as he or she deems necessary to carry out and ensure compliance with the provisions of this chapter and any other provision of law which governs the conduct of registered agents.
2. Upon application of the Secretary of State, the district court may enjoin any person from serving as a registered agent or as an officer, director or managing agent of a registered agent if the court finds that:
(a) The registered agent failed to comply with any provision of law governing the conduct of registered agents after reasonable notice and an opportunity to correct the failure;
(b) The registered agent engaged in conduct in his or her capacity as registered agent that was intended to deceive or defraud the public or to promote illegal activities;
(c) The registered agent or the officer, director or managing agent has been convicted of a felony and has not been restored to his or her civil rights; or
(d) The registered agent or the officer, director or managing agent has had his or her ability to serve as a registered agent or a director, officer or managing agent of a registered agent denied or revoked by the appropriate authority of this State or another state, or has been enjoined by a court of competent jurisdiction from serving as a registered agent or a director, officer or managing agent of a registered agent, because the individual has engaged in conduct in his or her capacity as a registered agent, or as a director, officer or managing agent of a registered agent, that was intended to or likely to deceive or defraud the public.
(Added to NRS by 2007, 2638; A 2013, 838)
NRS 77.440 Jurisdiction and venue. The appointment or maintenance in this State of a registered agent does not by itself create the basis for personal jurisdiction over the represented entity in this State. The address of the agent does not determine venue in an action or proceeding involving the entity.
(Added to NRS by 2007, 2638)
ENFORCEMENT
NRS 77.443 Examination of records by Secretary of State. The Secretary of State may conduct periodic, special or any other examinations of any records required to be maintained pursuant to this chapter or any other provision of NRS pertaining to the duties of a registered agent as the Secretary of State deems necessary or appropriate to determine whether a violation of this chapter or any other provision of NRS pertaining to the duties of a registered agent has been committed.
(Added to NRS by 2013, 833; A 2015, 1278; 2017, 2190)
NRS 77.447 Penalties; notice of alleged violation; opportunity to correct alleged violation.
1. A person who violates a provision of this chapter is subject to a civil penalty of not more than $500 per violation and not more than $10,000 in the aggregate, to be recovered in a civil action brought in the district court in the county in which the person’s principal place of business is located or in the district court of Carson City. The court may reduce the amount of the civil penalty imposed by the Secretary of State if the court determines that the amount of the civil penalty is disproportionate to the violation.
2. Except as otherwise provided in subsection 3, before filing a civil action to recover a civil penalty pursuant to subsection 1, if the person who allegedly violated a provision of this chapter has not been issued a written notice of a violation of this chapter within the immediately preceding 3 years, the Secretary of State must provide to the person written notice of the alleged violation and 10 business days to correct the alleged violation. The Secretary of State may provide a greater period to correct the alleged violation as the Secretary of State deems appropriate.
3. If a person who allegedly violated a provision of this chapter engaged in conduct in the course of acting as a registered agent that was intended to deceive or defraud the public or to promote illegal activities, the Secretary of State may take any or all of the following actions:
(a) File a civil action pursuant to subsection 1 without providing the notice and the opportunity to correct the alleged violation required by subsection 2.
(b) Deny or revoke the person’s registration as a commercial registered agent.
(c) Issue an order requiring the person to comply with the provisions of this chapter.
(d) Refuse to accept filings for entities for which the person serves as registered agent.
(Added to NRS by 2013, 834; A 2015, 1278)
MISCELLANEOUS PROVISIONS
NRS 77.450 Consistency of application. In applying and construing this chapter, consideration must be given to the need to promote consistency of the law with respect to its subject matter among states that enact it.
(Added to NRS by 2007, 2638)
NRS 77.460 Relation to Electronic Signatures in Global and National Commerce Act. This chapter modifies, limits and supersedes the federal Electronic Signatures in Global and National Commerce Act, 15 U.S.C. §§ 7001 et seq., but does not modify, limit or supersede Section 101(c) of that Act, 15 U.S.C. § 7001(c), or authorize electronic delivery of any of the notices described in Section 103(b) of that Act, 15 U.S.C. § 7003(b).
(Added to NRS by 2007, 2638)