Nevada Code § 628.345

Registration as limited-liability company of certified public accountants: Qualifications; application; determination; fees; authorized use of certain designations; notice to Board required of certain changes
Open in Lexace · Ask the AI about this section
1. A limited-liability company required or
otherwise seeking to register with the Board pursuant to NRS 628.335 shall comply with the following
requirements:
(a) The sole purpose and business of the
limited-liability company must be to furnish to the public services not
inconsistent with this chapter or the regulations of the Board, except that the
limited-liability company may invest its money in a manner not incompatible
with the practice of public accounting.
(b) The manager, if any, of the limited-liability
company must be a certified public accountant of this State in good standing.
(c) At least one member of the limited-liability
company must be a certified public accountant of this State in good standing.
(d) Each person in charge of an office of the
limited-liability company in this State and each member who is regularly and
personally engaged within this State in the practice of public accounting must
be a certified public accountant of this State in good standing.
(e) In order to facilitate compliance with the
provisions of this section relating to the ownership of interests, there must
be a written agreement binding the members or the limited-liability company to
purchase any interest offered for sale by, or not under the ownership or
effective control of, a qualified member.
(f) The limited-liability company maintains an
office in this State.
(g) The limited-liability company shall comply
with other regulations pertaining to limited-liability companies practicing public
accounting in this State adopted by the Board.
2. Application for registration must be
made upon the affidavit of the manager or a member of the limited-liability
company. The affiant must hold a live permit to practice in this State as a
certified public accountant. The Board shall determine whether the applicant is
eligible for registration and may charge an initial fee and an annual renewal
fee set by the Board by regulation. A limited-liability company which is so
registered may use the words certified public accountants or the abbreviation
C.P.A.s or CPAs in connection with its name. Notice must be given to the
Board within 1 month after the admission to or withdrawal of a member from any
limited-liability company so registered.

‹ Prev All Nevada sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.