Section 689.505 - Permit: Period of validity; renewal; fees for renewal; expiration1. Each seller's permit issued or renewed pursuant to NRS 689.450 to 689.595, inclusive, continues in effect for 3 years unless it is suspended, revoked or otherwise terminated.2. The Commissioner shall renew a seller's permit upon receiving a written request for renewal from the seller, accompanied by all applicable fees for renewal, which are not refundable, if the Commissioner finds that the seller is, at that time, in compliance with all applicable provisions of NRS 689.450 to 689.595, inclusive.3. A permit which is not renewed expires on the renewal date. The Commissioner may accept a request for renewal received by the Commissioner within 30 days after the expiration of the permit if the request is accompanied by a fee for renewal of 150 percent of all applicable fees otherwise required, except for any fee required pursuant to NRS 680C.110.4. As used in this section, "renewal date" means:(a) For the first renewal of the permit, the last day of the month which is 3 years after the month in which the Commissioner originally issued the permit.(b) For each renewal after the first renewal of the permit, the last day of the month which is 3 years after the month in which the permit was last due to be renewed.Added to NRS by 1987, 1254; A 1993, 2618; 2009, 1809; 2021, 2974Amended by 2021, Ch. 478,§40, eff. 10/1/2021.Added to NRS by 1987, 1254; A 1993, 2618; 2009, 1809