1. A corporation shall have a registered agent in the manner provided in NRS 78.090 and 78.097 . The registered agent and the corporation shall comply with the provisions of those sections. 2. Upon notification from the Administrator of the Real Estate Division of the Department of Business and Industry that a corporation which is a unit-owners association as defined in NRS 116.011 or 116B.030 has failed to register pursuant to NRS 116.31158 or 116B.625 or failed to pay the fees pursuant to NRS 116.31155 or 116B.620 , the Secretary of State shall deem the corporation to be in default. If, after the corporation is deemed to be in default, the Administrator notifies the Secretary of State that the corporation has registered pursuant to NRS 116.31158 or 116B.625 and paid the fees pursuant to NRS 116.31155 or 116B.620 , the Secretary of State shall reinstate the corporation if the corporation complies with the requirements for reinstatement as provided in this section and NRS 78.180 and 78.185 . 3. A corporation is subject to the provisions of NRS 78.150 to 78.185 , inclusive, except that: (a) The fee for filing a list is $50; (b) The penalty added for default is $50; and (c) The fee for reinstatement is $100.
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