Nevada Code § 80.055

Penalty for failure to comply with requirements for qualification; enforcement; regulations
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1. Every corporation which willfully fails
or neglects to comply with the provisions of NRS
80.010 to 80.040 , inclusive, is
subject to a fine of not less than $1,000 but not more than $10,000, to be
recovered in a court of competent jurisdiction.
2. Except as otherwise provided in
subsection 3, every corporation which fails or neglects to comply with the
provisions of NRS 80.010 to 80.040 , inclusive, may not commence or
maintain any action or proceeding in any court of this State until it has fully
complied with the provisions of NRS 80.010 to 80.040 , inclusive.
3. An action or proceeding may be
commenced by such a corporation if an extraordinary remedy available pursuant
to chapter 31 of NRS is all or part of the
relief sought. Such an action or proceeding must be dismissed without prejudice
if the corporation does not comply with the provisions of NRS 80.010 to 80.040 , inclusive, within 45 days after the
action or proceeding is commenced.
4. When the Secretary of State is advised
that a corporation is doing business in contravention of NRS 80.010 to 80.040 , inclusive, the Secretary of State
may, as soon as practicable, refer the matter to the district attorney of the
county where the corporation has its principal place of business or the
Attorney General, or both, for a determination of whether to institute proceedings
to recover any applicable fine provided for in this section. The district
attorney of the county where the corporation has its principal place of
business or the Attorney General may institute and prosecute the appropriate
proceedings to recover the fine. If the district attorney or the Attorney
General prevails in a proceeding to recover the fine described in subsection 1,
the district attorney or the Attorney General is entitled to recover the costs
of the proceeding, including, without limitation, the cost of any investigation
and reasonable attorneys fees.
5. In the course of an investigation of a
violation of this section, the Secretary of State may require a corporation to
answer any interrogatory submitted by the Secretary of State that will assist
in the investigation.
6. The failure of a corporation to comply
with the provisions of NRS 80.010 to 80.040 , inclusive, does not impair the
validity of any contract or act of the corporation, or prevent the corporation
from defending any action, suit or proceeding in any court of this State.
7. The Secretary of State may adopt
regulations to administer the provisions of this section.

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