PILB TEST 2 QUESTIONS WITH CORRECT
ANSWERS
License |holder |has |how |long |to |comply |with |all |statutory |and |regulatory |prerequisites |for |the |
license |after |the |board |approves? |- |CORRECT |ANSWER✔✔-90 |days
Proof |of |insurance |(NRS |648.135) |- |CORRECT |ANSWER✔✔-Provide |a |certificate |of |of |general |
liability |insurance |in |at |least |the |statutory |amount |required |of |200,000
Rights |of |licensees |(NRS |648.140) |- |CORRECT |ANSWER✔✔-You |have |3 |days |to |update |your |
employee |roster |when |they |begin |work, |once |they |are |terminated, |or |when |y=their |registered
|work |card |expires
Principal |place |of |business |(NRS |648.148) |- |CORRECT |ANSWER✔✔-A |change |of |address |must |
be |provided |to |the |board |within |30 |days |of |the |change
Use |home |as |place |of |business |(NAC |648.500) |- |CORRECT |ANSWER✔✔-Check |your |local |city |
and |county |ordinances |to |ensure |compliance
Branch |office(s) |(NRS |648.149) |- |CORRECT |ANSWER✔✔-$50.00 |annual |fee |per |branch |office. |
Notify |the |Board |in |writing |within |10 |days |when |a |branch |office |closes |or |changes |its |location.
Holding |a |license |in |Abeyance |(NAC |648.330) |- |CORRECT |ANSWER✔✔-Place |your |individual |
license |in |abeyance |and/or |relinquish |your |qualifying |agent |status |if |you |become |employed |as |
a |Peace |Officer |in |any |state.
-may |not |exceed |3 |consecutive |years |from |the |time |of |the |request.
- |to |take |license |out |of |abeyance |: |submit |request |in |writing, |pay |the |board |a |$100.00 |fee, |pay
|pro-rated |licensing |fee |for |current |year, |etc.
ANSWERS
License |holder |has |how |long |to |comply |with |all |statutory |and |regulatory |prerequisites |for |the |
license |after |the |board |approves? |- |CORRECT |ANSWER✔✔-90 |days
Proof |of |insurance |(NRS |648.135) |- |CORRECT |ANSWER✔✔-Provide |a |certificate |of |of |general |
liability |insurance |in |at |least |the |statutory |amount |required |of |200,000
Rights |of |licensees |(NRS |648.140) |- |CORRECT |ANSWER✔✔-You |have |3 |days |to |update |your |
employee |roster |when |they |begin |work, |once |they |are |terminated, |or |when |y=their |registered
|work |card |expires
Principal |place |of |business |(NRS |648.148) |- |CORRECT |ANSWER✔✔-A |change |of |address |must |
be |provided |to |the |board |within |30 |days |of |the |change
Use |home |as |place |of |business |(NAC |648.500) |- |CORRECT |ANSWER✔✔-Check |your |local |city |
and |county |ordinances |to |ensure |compliance
Branch |office(s) |(NRS |648.149) |- |CORRECT |ANSWER✔✔-$50.00 |annual |fee |per |branch |office. |
Notify |the |Board |in |writing |within |10 |days |when |a |branch |office |closes |or |changes |its |location.
Holding |a |license |in |Abeyance |(NAC |648.330) |- |CORRECT |ANSWER✔✔-Place |your |individual |
license |in |abeyance |and/or |relinquish |your |qualifying |agent |status |if |you |become |employed |as |
a |Peace |Officer |in |any |state.
-may |not |exceed |3 |consecutive |years |from |the |time |of |the |request.
- |to |take |license |out |of |abeyance |: |submit |request |in |writing, |pay |the |board |a |$100.00 |fee, |pay
|pro-rated |licensing |fee |for |current |year, |etc.
