Nev. Admin. Code § 643.Sec. 2

Current through October 11, 2024
Section 643.Sec. 2 - NEW

In addition to the requirements set forth in NRS 643.173, an applicant for a license to operate a barber school must:

1. Submit to the Board:
(a) An independent credit report from a consumer reporting agency defined in section 603(f) of the Fair Credit Reporting Act, 15 U.S.C. § 1681a(f), for the applicant, if the applicant is a natural person, or for each member, partner or officer of the applicant, if the applicant is a business entity.
(b) If the applicant is a business entity which has been in operation for at least 2 years immediately preceding the date of application, audited financial statements prepared by an independent certified public accountant for the 2 years immediately preceding the date of application.
(c) If the applicant is a natural person or a business entity which has not been in operation for at least 2 years immediately preceding the date of application, proof sufficient to the Board that the applicant is financially capable of operating a barber school.
2. File with the Board a surety bond in an amount not less than $200,000 made payable to the Board, executed by the applicant as principal with a corporation authorized to transact surety business in this State as surety. The bond must be continuous in form and conditioned that the operator conduct the barber school in compliance with the requirements of this chapter and chapter 643 of NRS.

Nev. Admin. Code § 643.Sec. 2

Added to NAC by Barbers' Health & Sanitation by R044-22A, eff. 5/24/2023

NRS 643.050, 643.174