Senate Bill No. 496--Committee on Judiciary

                  CHAPTER........

AN ACT relating to Nevada Revised Statutes; making technical 
       corrections to inappropriate or inaccurate provisions; 
       clarifying ambiguous provisions; deleting obsolete 
       provisions; and providing other matters properly relating 
       thereto.

   THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE
              AND ASSEMBLY, DO ENACT AS FOLLOWS:


  Section 1.  NRS 0.040 is hereby amended to 
read as follows:
  0.040  1.  Except as otherwise provided in subsection 2, 
"physician" means a person who engages in the practice of 
medicine, including osteopathy and homeopathy.
  2.  The terms "physician," "osteopathic physician," 
"homeopathic [physician" and] \physician,"\\ 
"chiropractic physician" \and "podiatric 
physician"\\ are used in chapters 630, 630A, 633 
\,\\ [and] 634 \and 635\\ of NRS in the 
limited senses prescribed by those chapters respectively.
  Sec. 2.  NRS 21.075 is hereby amended to read 
as follows:
  21.075  1.  Execution on the writ of execution by levying 
on the property of the judgment debtor may occur only if the 
sheriff serves the judgment debtor with a notice of the writ 
of execution pursuant to NRS 21.076 and a copy of the writ. 
The notice must describe the types of property exempt from 
execution and explain the procedure for claiming those 
exemptions in the manner required in subsection 2. The clerk 
of the court shall attach the notice to the writ of 
execution at the time the writ is issued.
  2.  The notice required pursuant to subsection 1 must be 
substantially in the following form:
     
                      NOTICE OF EXECUTION
     
              YOUR PROPERTY IS BEING ATTACHED OR
                YOUR WAGES ARE BEING GARNISHED
     
       A court has determined that you owe money to 
     ....................(name of person), the judgment 
     creditor. He has begun the procedure to collect that 
     money by garnishing your wages, bank account and other 
     personal property held by third persons or by taking 
     money or other property in your possession.
       Certain benefits and property owned by you may be 
     exempt from execution and may not be taken from you. 
     The following is a partial list of exemptions:
       1.  Payments received under the Social Security Act.
       2.  Payments for benefits or the return of 
     contributions under the public employees' retirement 
     system.
       3.  Payments for public assistance granted through 
     the welfare division of the department of human 
     resources.
       4.  Proceeds from a policy of life insurance.
       5.  Payments of benefits under a program of 
     industrial insurance.
       6.  Payments received as unemployment compensation.
       7.  Veteran's benefits.
       8.  A homestead in a dwelling or a mobile home, not 
     to exceed $125,000, unless the judgment is for a 
     medical bill, in which case all of the primary 
     dwelling, including a mobile or manufactured home, may 
     be exempt.
       9.  A vehicle, if your equity in the vehicle is less 
     than $1,500.
       10.  Seventy-five percent of the take home pay for 
     any pay period, unless the weekly take home pay is less 
     than 30 times the federal minimum wage, in which case 
     the entire amount may be exempt.
       11.  Money, not to exceed $100,000 in present value, 
     held for retirement pursuant to certain arrangements or 
     plans meeting the requirements for qualified 
     arrangements or plans of sections 401 et seq. of the 
     Internal Revenue Code (26 U.S.C. §§ 401 et seq.).
       12.  \All money and other benefits paid pursuant 
     to the order of a court of competent jurisdiction for 
     the support, education and maintenance of a child, 
     whether collected by the judgment debtor or the state.
       13.  All money and other benefits paid pursuant to 
     the order of a court of competent jurisdiction for the 
     support and maintenance of a former spouse, including 
     the amount of any arrearages in the payment of such 
     support and maintenance to which the former spouse may 
     be entitled.
       14.  \\A vehicle for use by you or your dependent 
     which is specially equipped or modified to provide 
     mobility for a person with a permanent disability.
       [13.] \15.\\  A prosthesis or any equipment 
     prescribed by a physician or dentist for you or your 
     dependent.
     These exemptions may not apply in certain cases such as 
     a proceeding to enforce a judgment for support of a 
     person or a judgment of foreclosure on a mechanic's 
     lien. You should consult an attorney immediately to 
     assist you in determining whether your property or 
     money is exempt from execution. If you cannot afford an 
     attorney, you may be eligible for assistance through 
     ....................(name of organization in county 
     providing legal services to indigent or elderly 
     persons).
     
            PROCEDURE FOR CLAIMING EXEMPT PROPERTY
     
       If you believe that the money or property taken from 
     you is exempt, you must complete and file with the 
     clerk of the court a notarized affidavit claiming the 
     exemption. A copy of the affidavit must be served upon 
     the sheriff and the judgment creditor within 8 days 
     after the notice of execution is mailed. The property 
     must be returned to you within 5 days after you file 
     the affidavit unless you or the judgment creditor files 
     a motion for a hearing to determine the issue of 
     exemption. If this happens, a hearing will be held to 
     determine whether the property or money is exempt. The 
     motion for the hearing to determine the issue of 
     exemption must be filed within 10 days after the 
     affidavit claiming exemption is filed. The hearing to 
     determine whether the property or money is exempt must 
     be held within 10 days after the motion for the hearing 
     is filed.
     
       IF YOU DO NOT FILE THE AFFIDAVIT WITHIN THE TIME 
     SPECIFIED, YOUR PROPERTY MAY BE SOLD AND THE MONEY 
     GIVEN TO THE JUDGMENT CREDITOR, EVEN IF THE PROPERTY OR 
     MONEY IS EXEMPT.
  Sec. 3.  NRS 41.035 is hereby amended to read 
as follows:
  41.035  1.  An award for damages in an action sounding in 
tort brought under NRS 41.031 or against a present or former 
officer or employee of the state or any political 
subdivision, immune contractor or state legislator arising 
out of an act or omission within the scope of his public 
duties or employment may not exceed the sum of $50,000, 
exclusive of interest computed from the date of judgment, to 
or for the benefit of any claimant. An award may not include 
any amount as exemplary or punitive damages.
  2.  The limitations of subsection 1 upon the amount and 
nature of damages which may be awarded apply also to any 
action sounding in tort and arising from any recreational 
activity or recreational use of land or water which is 
brought against:
  (a) Any public or quasi-municipal corporation organized 
under the laws of this state.
  (b) Any person with respect to any land or water leased or 
otherwise made available by that person to any public 
agency.
  (c) Any Indian tribe, band or community whether or not a 
fee is charged for such activity or use. The provisions of 
this paragraph do not impair or modify any immunity from 
liability or action existing on February 26, 1968, or 
arising after February 26, 1968, in favor of any Indian 
tribe, band or community.
The legislature declares that the purpose of this subsection 
is to effectuate the public policy of the State of Nevada by 
encouraging the recreational use of land, lakes, reservoirs 
and other [waters] \water\\ owned or controlled by 
any public or quasi-municipal agency or corporation of this 
state, wherever such land or water may be situated.
  [3.  The limitations of subsection 1 upon the amount and 
nature of damages which may be awarded apply also to any 
action sounding in tort arising out of any act or omission 
within the scope of the public duties or employment of any 
present or former officer or employee of the state or of any 
political subdivision, immune contractor or state 
legislator.]
  Sec. 4.  NRS 104.3101 is hereby amended to 
read as follows:
  104.3101  This article may be cited as Uniform Commercial 
[Code--Commercial Paper.] \Code--Negotiable 
Instruments.\\
  Sec. 5.  NRS 104.8102 is hereby amended to 
read as follows:
  104.8102  1.  In this article unless the context 
otherwise requires:
  (a) A "certificated security" is a share, participation or 
other interest in property of or an enterprise of the issuer 
or an obligation of the issuer which is:
    (1) Represented by an instrument issued in bearer or 
registered form;
    (2) Of a type commonly dealt in on securities exchanges 
or markets or commonly recognized in any area in which it is 
issued or dealt in as a medium for investment; and
    (3) Either one of a class or series or by its terms 
divisible into a class or series of shares, participations, 
interests or obligations.
  (b) An "uncertificated security" is a share, participation 
or other interest in property or an enterprise of the issuer 
or an obligation of the issuer which is:
    (1) Not represented by an instrument and the transfer of 
which is registered upon books maintained for that purpose 
by or on behalf of the issuer;
    (2) Of a type commonly dealt in on securities exchanges 
or markets; and
    (3) Either one of a class or series or by its terms 
divisible into a class or series of shares, participations, 
interests or obligations.
  (c) A "security" is either a certificated or an 
uncertificated security. If a security is certificated, the 
terms "security" and "certificated security" may mean either 
the intangible interest, the instrument representing that 
interest, or both, as the context requires. A writing that 
is a certificated security is governed by this article and 
not by Uniform Commercial [Code--Commercial Paper,] 
\Code--Negotiable Instruments,\\ even though it 
also meets the requirements of that article. This article 
does not apply to money. If a certificated security has been 
retained by or surrendered to the issuer or its transfer 
agent for reasons other than registration of transfer, other 
temporary purpose, payment, exchange, or acquisition by the 
issuer, that security [shall] \must\\ be treated as 
an uncertificated security for purposes of this article.
  (d) A certificated security is in "registered form" if:
    (1) It specifies a person entitled to the security or 
the rights it represents; and
    (2) Its transfer may be registered upon books maintained 
for that purpose by or on behalf of the issuer, or the 
security so states.
  (e) A certificated security is in "bearer form" if it runs 
to \the\\ bearer according to its terms and not by 
reason of any endorsement.
  2.  A "subsequent purchaser" is a person who takes other 
than by original issue.
  3.  A "clearing corporation" is a corporation registered 
as a "clearing agency" under the federal securities laws or 
a corporation:
  (a) At least 90 percent of whose capital stock is held by 
or for one or more organizations, none of which, other than 
a national securities exchange or association, holds in 
excess of 20 percent of the capital stock of the 
corporation, and each of which is:
    (1) Subject to supervision or regulation pursuant to the 
provisions of federal or state banking laws or state 
insurance laws;
    (2) A broker or dealer or investment company registered 
under the federal securities laws; or
    (3) A national securities exchange or association 
registered under the federal securities laws; and
  (b) Any remaining capital stock of which is held by 
individuals who have purchased it at or [prior to] 
\before\\ the time of their taking office as 
directors of the corporation and who have purchased only so 
much of the capital stock as is necessary to permit them to 
qualify as directors.
  4.  A "custodian bank" is a bank or trust company that is 
supervised and examined by state or federal authority having 
supervision over banks and is acting as custodian for a 
clearing corporation.
  5.  Other definitions applying to this article or to 
specified parts thereof and the sections in which they 
appear are:

     "Adverse claim." NRS 104.8302.
     "Bona fide purchaser." NRS 104.8302.
     "Broker." NRS 104.8303.
     "Debtor." NRS 104.9105.
     "Financial intermediary." NRS 104.8313.
     "Guarantee of the signature." NRS 104.8402.
     "Initial transaction statement." NRS 104.8408.
     "Instruction." NRS 104.8308.
     "Intermediary bank." NRS 104.4105.
     "Issuer." NRS 104.8201.
     "Overissue." NRS 104.8104.
     "Secured party." NRS 104.9105.
     "Security agreement." NRS 104.9105.

  6.  In addition article 1 contains general definitions and 
principles of construction and interpretation applicable 
throughout this article.
  Sec. 6.  NRS 104.9206 is hereby amended to 
read as follows:
  104.9206  1.  Subject to any statute or decision which 
establishes a different rule for buyers or lessees of 
consumer goods, an agreement by a buyer or lessee that he 
will not assert against an assignee any claim or defense 
which he may have against the seller or lessor is 
enforceable by an assignee who takes his assignment for 
value, in good faith and without notice of a claim or 
defense, except as to defenses of a type which may be 
asserted against a holder in due course of a negotiable 
instrument under the article on [commercial paper] 
\negotiable instruments\\ (article 3). A buyer who 
as part of one transaction signs both a negotiable 
instrument and a security agreement makes such an agreement.
  2.  When a seller retains a purchase money security 
interest in goods the article on sales (article 2) governs 
the sale and any disclaimer, limitation or modification of 
the seller's warranties.
  Sec. 7.  NRS 126.045 is hereby amended to read 
as follows:
  126.045  1.  Two [or more] persons whose marriage is 
valid under chapter 122 of NRS may enter into a contract 
with a surrogate for assisted conception. Any such contract 
must contain provisions which specify the respective rights 
of each party, including:
  (a) Parentage of the child;
  (b) Custody of the child in the event of a change of 
circumstances; and
  (c) The respective responsibilities and liabilities of the 
contracting parties.
  2.  A person identified as an intended parent in a 
contract described in subsection 1 must be treated in law as 
a natural parent under all circumstances.
  3.  It is unlawful to pay or offer to pay money or 
anything of value to the surrogate except for the medical 
and necessary living expenses related to the birth of the 
child as specified in the contract.
  4.  As used in this section, unless the context otherwise 
requires:
  (a) "Assisted conception" means a pregnancy resulting when 
an egg and sperm from the intended parents are placed in a 
surrogate through the intervention of medical technology.
  (b) "Intended parents" means a man and woman, married to 
each other, who enter into an agreement providing that they 
will be the parents of a child born to a surrogate through 
assisted conception.
  (c) "Surrogate" means an adult woman who enters into an 
agreement to bear a child conceived through assisted 
conception for the intended parents.
  Sec. 8.  NRS 129.020 is hereby amended to read 
as follows:
  129.020  1.  The disability of minority of any person 
otherwise eligible for guaranty or insurance of a loan 
pursuant to the Servicemen's Readjustment Act of 1944, as 
amended [,] (38 U.S.C. §§ [694,] \3701\\ et seq.) 
\,\\ and of the minor spouse of any eligible 
veteran, irrespective of his or her age, in connection with 
any transaction entered into pursuant to that act, as 
amended, is hereby removed for all purposes in connection 
with such transactions, including, but not limited to, 
incurring of indebtedness or obligations, [and] acquiring, 
encumbering, selling, releasing or conveying property or any 
interest therein, and litigating or settling controversies 
arising therefrom, if all or part of any obligations 
incident to such transaction [be] \are\\ guaranteed 
or insured by the [Administrator of Veterans'] 
\Secretary of Veterans\\ Affairs pursuant to such 
act.
  2.  This section [shall] \must\\ not be construed 
to impose any other or greater rights or liabilities than 
would exist if such person and such spouse were under no 
such disability.
  Sec. 9.  NRS 159.044 is hereby amended to read 
as follows:
  159.044  1.  Except as otherwise provided in NRS 127.045, 
a proposed ward, a governmental agency, a nonprofit 
corporation or any concerned person may petition the court 
for the appointment of a guardian.
  2.  The petition must state:
  (a) The name and address of the petitioner.
  (b) The name, age and address of the proposed ward.
  (c) Whether the proposed ward is a resident or nonresident 
of this state.
  (d) The names and addresses, so far as they are known to 
the petitioner, of the relatives of the proposed ward within 
the second degree.
  (e) The name and address of the proposed guardian.
  (f) A summary of the reasons why a guardian is needed.
  (g) Whether the appointment of a general or a special 
guardian is sought.
  (h) A general description and the probable value of the 
property of the proposed ward and any income to which he is 
entitled, if the petition is for the appointment of a 
guardian of the estate or a special guardian. If any money 
is paid or is payable to the proposed ward by the United 
States through the [Veterans' Administration,] 
\Department of Veterans Affairs,\\ the petition 
must so state.
  (i) The name and address of any person or institution 
having the care, custody or control of the proposed ward.
  (j) The relationship, if any, of the petitioner to the 
proposed ward and the interest, if any, of the petitioner in 
the appointment.
  (k) Requests for any of the specific powers set forth in 
NRS 159.117 to 159.175, inclusive, necessary to enable the 
guardian to carry out the duties of the guardianship.
  Sec. 10.  NRS 159.0475 is hereby amended to 
read as follows:
  159.0475  1.  A copy of the citation must be served by 
certified mail, with a return receipt requested, on each 
person required to be served in subsection 2 of NRS 159.047 
at least 20 days before the hearing.
  2.  If none of the persons on whom the citation is to be 
served can, after due diligence, be served by certified mail 
and this fact is proven, by affidavit, to the satisfaction 
of the court, service of the citation must be made in the 
manner provided by N.R.C.P. 4(e). In all such cases, the 
citation must be published at least 20 days before the date 
set for the hearing.
  3.  A citation need not be served on a person or an 
officer of an institution who has signed the petition or a 
written waiver of service of citation or who makes a general 
appearance.
  4.  If the proposed ward is receiving money paid or 
payable by the United States through the [Veterans' 
Administration,] \Department of Veterans Affairs,\\ 
a copy of the citation must be mailed to any [Veterans' 
Administration] office \of the Department of Veterans 
Affairs\\ in this state.
  5.  Notice shall be deemed sufficient if each person who 
is required to be served is mailed a copy of the citation at 
his last known address by means of certified mail with 
return receipt requested, and either a postal receipt has 
been returned evidencing delivery or the letter has been 
returned marked undelivered, but if none of the family 
members to whom notices have been mailed have been served, 
as evidenced by the return letters, notice shall be deemed 
to be sufficient only upon proof of publication of the 
citation.
  Sec. 11.  NRS 159.115 is hereby amended to 
read as follows:
  159.115  1.  Upon the filing of any petition under NRS 
159.113, or any account, notice must be given in accordance 
with NRS 155.010 to 155.090, inclusive. The notice must:
  (a) Give the name of the ward.
  (b) Give the name of the petitioner.
  (c) Give the date, time and place of the hearing.
  (d) State the nature of the petition.
  (e) Refer to the petition for further particulars, and 
notify all persons interested to appear at the time and 
place mentioned in the notice and show cause why the order 
should not be made.
  2.  At least 10 days before the day of the hearing, the 
petitioner shall cause a copy of the notice to be mailed to 
the following:
  (a) Any minor ward over the age of 14 years.
  (b) The heirs at law and next of kin, so far as known to 
the petitioner, of the ward.
  (c) The guardian of the person of the ward, if he is not 
the petitioner.
  (d) Any person or institution having the care, custody or 
control of the ward.
  (e) Any [Veterans' Administration] office \of the 
Department of Veterans Affairs\\ in this state if the 
ward is receiving any payments or benefits through the 
[Veterans' Administration.] \Department of Veterans 
Affairs.\\
  (f) Any other interested person or his attorney who has 
filed a request for notice in the guardianship proceeding 
and served a copy of the request upon the guardian. The 
request for notice must state the interest of the person 
filing the request, and his name and address, or that of his 
attorney. If the notice so requests, copies of all petitions 
and accounts must be mailed to that person or his attorney.
  Sec. 12.  NRS 160.020 is hereby amended to 
read as follows:
  160.020  As used in this chapter:
  1.  ["Administrator" means the Administrator of Veterans' 
Affairs of the United States or his successor.
  2.]  "Benefits" means all money payable by the United 
States through the [Veterans' Administration.
  3.] \Department of Veterans Affairs.
  2.  "Department of Veterans Affairs" means the Department 
of Veterans Affairs, its predecessors or successors.
  3.  \\"Estate" and "income" include only money 
received by the guardian from the [Veterans' Administration] 
\Department of Veterans Affairs\\ and all earnings, 
interest and profits derived therefrom.
  4.  "Guardian" means any person acting as a fiduciary for 
a ward.
  5.  ["Veterans' Administration" means the Veterans' 
Administration, its predecessors or successors.] 
\"Secretary" means the Secretary of Veterans Affairs of 
the United States or his successor.\\
  6.  "Ward" means a beneficiary of the [Veterans' 
Administration.] \Department of Veterans Affairs.\\
  Sec. 13.  NRS 160.030 is hereby amended to 
read as follows:
  160.030  Whenever, pursuant to any law of the United 
States or regulation of the [Veterans' Administration, the 
Administrator requires, prior to] \Department of 
Veterans Affairs, the Secretary requires the appointment of 
a guardian for a ward before the\\ payment of benefits, 
[that a guardian be appointed for a ward, such appointment 
shall] \the appointment must\\ be made in the 
manner provided in this chapter.
  Sec. 14.  NRS 160.040 is hereby amended to 
read as follows:
  160.040  1.  Except as [hereinafter] 
\otherwise\\ provided \in this section,\\ 
it is unlawful for any person to accept appointment as 
guardian of any ward if such proposed guardian [shall] 
\is\\ at that time [be] acting as guardian for five 
wards. In any case, upon presentation of a petition by an 
attorney of the [Veterans' Administration] \Department 
of Veterans Affairs\\ under this section alleging that a 
guardian is acting in a fiduciary capacity for more than 
five wards and requesting his discharge for that reason, the 
court, upon proof substantiating the petition, shall require 
a final accounting [forthwith] from such guardian and shall 
discharge such guardian in the case.
  2.  The limitations of this section do not apply where the 
guardian is a bank or trust company acting for the wards' 
estates only.
  3.  An individual may be guardian of more than five wards 
if they are all members of the same family.
  4.  The limitations of this section do not apply to the 
Nevada commissioner for veteran affairs or to a public 
guardian.
  Sec. 15.  NRS 160.050 is hereby amended to 
read as follows:
  160.050  1.  A petition for the appointment of a guardian 
may be filed in any court of competent jurisdiction by or on 
behalf of any person who under existing law is entitled to 
priority of appointment. If there [be] \is\\ no 
person so entitled or if the person so entitled [shall 
neglect or refuse] \neglects or refuses\\ to file 
such a petition within 30 days after \the\\ mailing 
of notice by the [Veterans' Administration] \Department 
of Veterans Affairs\\ to the last known address of such 
person indicating the necessity for the same, a petition for 
such appointment may be filed in any court of competent 
jurisdiction by or on behalf of any responsible person 
residing in this state.
  2.  The petition for appointment [shall] \must\\ 
set forth the name, age [,] \and\\ place of 
residence of the ward, the names and places of residence of 
the nearest relatives, if known, and the fact that [such] 
\the\\ ward is entitled to receive [moneys] 
\money\\ payable by or through the [Veterans' 
Administration, and shall] \Department of Veterans 
Affairs, and must\\ set forth the amount of [moneys] 
\money\\ then due and the amount of probable future 
payments.
  3.  The petition [shall] \must\\ also set forth 
the name and address of the person or institution, if any, 
having actual custody of the ward.
  4.  In case of a mentally incompetent ward the petition 
[shall] \must\\ show that such ward has been rated 
incompetent on examination by the [Veterans' Administration] 
\Department of Veterans Affairs\\ in accordance 
with the laws and regulations governing the [Veterans' 
Administration.] \Department of Veterans Affairs.\\
  Sec. 16.  NRS 160.060 is hereby amended to 
read as follows:
  160.060  [Where] \If\\ a petition is filed for 
the appointment of a guardian of a minor ward, a certificate 
of the [Administrator] \Secretary\\ or his 
representative, setting forth the age of such minor as shown 
by the records of the [Veterans' Administration] 
\Department of Veterans Affairs\\ and the fact that 
the appointment of a guardian is a condition precedent to 
the payment of any [moneys] \money\\ due the minor 
by the [Veterans' Administration shall be] \Department 
of Veterans Affairs, constitutes\\ prima facie evidence 
of the necessity for such appointment.
  Sec. 17.  NRS 160.070 is hereby amended to 
read as follows:
  160.070  [Where] \If\\ a petition is filed for 
the appointment of a guardian of a mentally incompetent 
ward, a certificate of the [Administrator] 
\Secretary\\ or his representative, setting forth 
the fact that such person has been rated incompetent by the 
[Veterans' Administration] \Department of Veterans 
Affairs\\ on examination in accordance with the laws and 
regulations governing the [Veterans' Administration] 
\Department of Veterans Affairs\\ and that the 
appointment of a guardian is a condition precedent to the 
payment of any [moneys] \money\\ due such person by 
the [Veterans' Administration, shall be] \Department of 
Veterans Affairs, constitutes\\ prima facie evidence of 
the necessity for such appointment.
  Sec. 18.  NRS 160.100 is hereby amended to 
read as follows:
  160.100  1.  Every guardian [, who shall receive] 
\who receives\\ on account of his ward any [moneys] 
\money\\ from the [Veterans' Administration,] 
\Department of Veterans Affairs\\ shall file with 
the court annually, on the anniversary date of the 
appointment, in addition to such other accounts as may be 
required by the court, a full, true and accurate account 
under oath of all [moneys] \money\\ so received by 
him [,] \and\\ of all disbursements thereof, and 
showing the balance thereof in his hands at the date of such 
account and how invested.
  2.  A certified copy of each of such accounts filed with 
the court [shall] \must\\ be sent by the guardian 
to the office of the [Veterans' Administration] 
\Department of Veterans Affairs\\ having 
jurisdiction over the area in which the court is located. 
The court shall fix a time and place for the hearing on such 
account not less than 15 days or more than 30 days [from] 
\after\\ the date of filing [same] \the 
account,\\ and notice thereof [shall] \must\\ 
be given by the court to the [Veterans' Administration 
office] concerned \office of the Department of Veterans 
Affairs\\ not less than 15 days [prior to] 
\before\\ the date fixed for the hearing.
  3.  Notice of such hearing [shall] \must\\ in 
like manner be given to the guardian.
  Sec. 19.  NRS 160.110 is hereby amended to 
read as follows:
  160.110  If any guardian [shall fail] \fails\\ to 
file any account of the [moneys] \money\\ received 
by him from the [Veterans' Administration] \Department 
of Veterans Affairs\\ on account of his ward within 30 
days after such account is required by either the court or 
the [Veterans' Administration, or shall fail] 
\Department of Veterans Affairs, or fails\\ to 
furnish the [Veterans' Administration] \Department of 
Veterans Affairs with\\ a copy of his accounts as 
required by this chapter, such failure [shall be] 
\constitutes\\ grounds for removal.
  Sec. 20.  NRS 160.120 is hereby amended to 
read as follows:
  160.120  Compensation payable to a guardian [shall] 
\must\\ not exceed 5 percent of the income of the 
ward during any year. In the event of extraordinary services 
rendered by any guardian \,\\ the court may, upon 
petition and after hearing thereon, authorize additional 
compensation therefor payable from the estate of the ward. 
Notice of such petition and hearing [shall] \must\\ 
be given \to\\ the proper office of the [Veterans' 
Administration] \Department of Veterans Affairs\\ 
in the manner provided in NRS 160.100. No compensation 
[shall] \may\\ be allowed on the corpus of an 
estate received from a preceding guardian. The guardian may 
be allowed from the estate of his ward reasonable premiums 
paid by him to any corporate surety upon his bond.
  Sec. 21.  NRS 160.140 is hereby amended to 
read as follows:
  160.140  A guardian shall not apply any portion of the 
estate of his ward for the support and maintenance of any 
person other than his ward, except upon order of the court 
after a hearing, notice of which has been given 
\to\\ the proper office of the [Veterans' 
Administration] \Department of Veterans Affairs\\ 
in the manner provided in NRS 160.100.
  Sec. 22.  NRS 160.150 is hereby amended to 
read as follows:
  160.150  When a copy of any public record is required by 
the [Veterans' Administration] \Department of Veterans 
Affairs\\ to be used in determining the eligibility of 
any person to participate in benefits made available by the 
[Veterans' Administration,] \Department of Veterans 
Affairs,\\ the official charged with the custody of such 
public record shall without charge provide the applicant for 
such benefits or any person acting on his behalf or the 
representative of the [Veterans' Administration] 
\Department of Veterans Affairs\\ with a certified 
copy of such record.
  Sec. 23.  NRS 160.160 is hereby amended to 
read as follows:
  160.160  1.  In any proceeding under the laws of this 
state for involuntary court-ordered admission of a person 
alleged to be mentally ill or otherwise in need of 
confinement in a hospital or other institution for his care, 
the court may order the admission of that person to the 
[Veterans' Administration or other] \Department of 
Veterans Affairs or another\\ agency of the Federal 
Government, whenever:
  (a) It is determined, after such adjudication of the 
status of that person as may be required by chapter 433A of 
NRS, that involuntary court-ordered admission to a hospital 
for mental disease or [other] \another\\ 
institution is necessary for safekeeping or treatment; and
  (b) It appears that he is eligible for care or treatment 
by the [Veterans' Administration] \Department of 
Veterans Affairs\\ or any other agency that has 
facilities available and that he is eligible for care or 
treatment therein.
  2.  The person whose involuntary court-ordered admission 
is sought must be personally served with notice of the 
pending proceeding in the manner provided by chapter 433A of 
NRS. [Nothing in this chapter affects] \This chapter 
does not affect\\ that person's right to appear and be 
heard in the proceedings.
  Sec. 24.  NRS 160.161 is hereby amended to 
read as follows:
  160.161  1.  Upon commitment, [such person shall be] 
\a person is\\ subject to the rules and regulations 
of the [Veterans' Administration] \Department of 
Veterans Affairs\\ or other agency when admitted to any 
facility operated by any such agency within or without this 
state.
  2.  The chief officer of any facility of the [Veterans' 
Administration] \Department of Veterans Affairs\\ 
or institution operated by any other agency of the United 
States to which the person is so committed [shall,] 
\is,\\ with respect to such person, [be] vested 
with the same powers as the institute director and the 
medical director of the Nevada mental health institute with 
respect to retention of custody, transfer, parole or 
discharge.
  3.  The committing court shall retain jurisdiction:
  (a) To inquire, at any time, into the mental condition of 
persons so committed.
  (b) To determine the necessity for \the\\ 
continuance of his restraint.
  Sec. 25.  NRS 160.162 is hereby amended to 
read as follows:
  160.162  1.  Upon receipt of a certificate of the 
[Veterans' Administration or such other] \Department of 
Veterans Affairs or another\\ agency of the United 
States that facilities are available for the care or 
treatment of any person [heretofore] \previously\\ 
committed to the Nevada mental health institute and that 
such person is eligible for care or treatment, the institute 
director of the Nevada mental health institute may cause the 
transfer of such person to the [Veterans' Administration] 
\Department of Veterans Affairs\\ or other agency 
of the United States for care or treatment.
  2.  The committing court [shall] \must\\ be 
notified by the institute director of the Nevada mental 
health institute upon effecting such transfer.
  3.  No person [shall] \may\\ be transferred to 
the [Veterans' Administration] \Department of Veterans 
Affairs\\ or \such\\ other agency of the United 
States if he [be] \is\\ confined pursuant to 
\a\\ conviction of a felony or misdemeanor or if he 
has been acquitted of the charge solely on the ground of 
insanity, unless [prior to] \before the\\ transfer 
the court originally committing such person [shall enter] 
\enters\\ an order for [such] \the\\ 
transfer after appropriate motion and hearing.
  4.  Any person transferred as provided in this section 
shall be deemed to be committed to the [Veterans' 
Administration] \Department of Veterans Affairs\\ 
or other agency of the United States pursuant to the 
original commitment.
  Sec. 26.  NRS 160.170 is hereby amended to 
read as follows:
  160.170  When a minor ward for whom a guardian has been 
appointed under the provisions of this chapter or other laws 
of this state [shall have attained his or her] \attains 
his\\ majority, and if incompetent [shall be] 
\is\\ declared competent by the [Veterans' 
Administration] \Department of Veterans Affairs\\ 
and the court, and when any incompetent ward, not a minor, 
[shall be] \is\\ declared competent by the 
[Veterans' Administration] \Department of Veterans 
Affairs\\ and the court, the guardian [shall,] 
\must,\\ upon making a satisfactory accounting, be 
discharged upon a petition filed for that purpose.
  Sec. 27.  NRS 160.180 is hereby amended to 
read as follows:
  160.180  This chapter [shall] \must\\ be 
construed liberally to secure the beneficial intents and 
purposes thereof and [shall apply] \applies\\ only 
to beneficiaries of the [Veterans' Administration.] 
\Department of Veterans Affairs.\\
  Sec. 28.  NRS 174.385 is hereby amended to 
read as follows:
  174.385  Failure by any person without adequate excuse to 
obey a subpoena of a court or a [district] 
\prosecuting\\ attorney served upon him or, in the 
case of a subpoena issued by a [district] 
\prosecuting\\ attorney, delivered to him and 
accepted, shall be deemed a contempt of the court from which 
the subpoena issued or, in the case of a subpoena issued by 
a [district] \prosecuting\\ attorney, of the court 
in which the investigation is pending or the indictment, 
information or complaint is to be tried.
  Sec. 29.  NRS 207.040 is hereby amended to 
read as follows:
  207.040  All persons having the physical ability to work, 
convicted of [vagrancy] \violating NRS 207.030\\ 
and imprisoned therefor, may be required to perform labor on 
the public works, buildings, grounds or ways in the county, 
and the sheriff or other person having them in charge while 
performing such labor may employ any usual, reasonable, 
humane and sufficient means to guard against and prevent any 
such prisoner escaping from custody while being so employed.
  Sec. 30.  NRS 207.050 is hereby amended to 
read as follows:
  207.050  For each day's work willingly and faithfully 
performed by [such vagrant he shall] \a person 
convicted of violating NRS 207.030, the person must\\ 
receive credit for 2 days' time, which [shall be by the 
sheriff] \must be\\ applied upon and deducted from 
his term of imprisonment [.] \by the sheriff.\\
  Sec. 31.  NRS 207.070 is hereby amended to 
read as follows:
  207.070  The sheriff shall, during fair and reasonable 
weather, when the same can be done without extra expense to 
the county, procure employment for and set at work such 
[convicted vagrants] \persons convicted of violating 
NRS 207.030\\ who are serving out their term of 
imprisonment; and to this end, upon application of any road 
supervisor, superintendent, foreman or other overseer or 
custodian of any public works, buildings or grounds, he may 
deliver into the custody and charge of such person making 
the application such prisoners, to do labor as [herein] 
required, who after working hours of the day, or after 
suspension of labor from any cause, [shall] \must\\ 
be returned into the custody of the sheriff of the county 
for safekeeping until again required for labor.
  Sec. 32.  NRS 228.300 is hereby amended to 
read as follows:
  228.300  \As used in NRS 228.300 to 228.390, 
inclusive, unless the context otherwise requires:\\
  1.  "Consumer's advocate" means the advocate for customers 
of public utilities.
  2.  "Cooperative utility" means a cooperative association 
or nonprofit corporation or association which supplies 
utility services for the use of its own members only.
  3.  "Public interest" means the interests or rights of the 
State of Nevada and of the citizens of the state, or a broad 
class of those citizens, which arise from the constitutions, 
court decisions and statutes of this state and of the United 
States and from the common law [. As used in NRS 228.300 to 
228.390, inclusive, the term refers to] \, as\\ 
those interests and rights [as they] relate to the 
regulation of public utilities.
  Sec. 33.  NRS 239.020 is hereby amended to 
read as follows:
  239.020  Whenever a copy of any public record is required 
by the [Veterans' Administration] \Department of 
Veterans Affairs\\ to be used in determining the 
eligibility of any person to participate in benefits made 
available by the [Veterans' Administration,] 
\Department of Veterans Affairs,\\ the official 
charged with the custody of such public record shall, 
without charge, provide the applicant for the benefit or any 
person acting on his behalf or the representative of the 
[Veterans' Administration] \Department of Veterans 
Affairs\\ with a certified copy or copies of such 
records.
  Sec. 34.  NRS 281.501 is hereby amended to 
read as follows:
  281.501  1.  Except as otherwise provided in subsection 2 
or 3, a member of the legislative branch may vote upon a 
matter if the benefit or detriment accruing to him as a 
result of the decision either individually or in a 
representative capacity as a member of a general business, 
profession, occupation or group [,] is not greater than that 
accruing to any other member of the general business, 
profession, occupation or group.
  2.  In addition to the requirements of the code of ethical 
standards, a member of the legislative branch shall not vote 
upon or advocate the passage or failure of, but may 
otherwise participate in the consideration of a matter with 
respect to which the independence of judgment of a 
reasonable person in his situation would be materially 
affected by:
  (a) His acceptance of a gift or loan;
  (b) His pecuniary interest; or
  (c) His commitment in a private capacity to the interests 
of others.
It must be presumed that the independence of judgment of a 
reasonable person would not be materially affected by his 
pecuniary interest where the resulting benefit or detriment 
accruing to him is not greater than that accruing to any 
other member of the general business, profession, occupation 
or group.
  3.  A public officer or employee shall not approve, 
disapprove, vote, abstain from voting [,] or otherwise act 
upon any matter:
  (a) Regarding which he has accepted a gift or loan;
  (b) Which would reasonably be affected by his commitment 
in a private capacity to the interest of others; or
  (c) In which he has a pecuniary interest,
without disclosing the full nature and extent of the gift, 
loan, commitment or interest. Such a disclosure must be made 
at the time the matter is considered. If the officer or 
employee is a member of a body which makes decisions, he 
shall make the disclosure in public to the chairman and 
other members of the body. If the officer or employee is not 
a member of such a body and holds an appointive office, he 
shall make the disclosure to the supervisory head of his 
organization or, if he holds an elective office, to the 
general public in the area from which he is elected.
  4.  If a member of the legislative branch declares to the 
legislative body or committee in which the vote is to be 
taken that he will abstain from voting because of the 
requirements of this section, the necessary quorum to act 
upon and the number of votes necessary to act upon the 
matter, as fixed by any statute, ordinance or rule 
\,\\ [of a board of county commissioners or 
governing body of a city,] is reduced as though the member 
abstaining were not a member of the body or committee.
  5.  If a member of the legislative branch is voting on a 
matter which affects public employees, he shall make a full 
public disclosure of any personal pecuniary interest which 
he may have in the matter.
  Sec. 35.  NRS 294A.270 is hereby amended to 
read as follows:
  294A.270  1.  Except as otherwise provided in subsection 
2, each committee for the recall of a public officer shall, 
not later than:
  (a) Fifteen days before the special election to recall a 
public officer, for the period from the filing of the notice 
of intent to circulate the petition for recall up to 20 days 
before the special election; and
  (b) Thirty days after the election, for the remaining 
period up to the election,
report each contribution received or made by the committee 
in excess of $500 on a form provided by the secretary of 
state and signed under the penalty for perjury.
  2.  If a petition for the purpose of recalling a public 
officer is not filed before the expiration of the notice of 
intent, the committee for the recall of a public officer 
shall, not later than 30 days after the expiration of the 
notice of intent, report each contribution received or made 
by the committee in excess of $500.
  3.  If a court does not order a special election for the 
recall of the public officer, the committee for the recall 
of a public officer shall, not later than 30 days after the 
court determines that an election will not be held, for the 
period from the filing of the notice of intent to circulate 
the petition for recall up to the day the court determines 
that an election will not be held, report each contribution 
received or made by the committee in excess of $500.
  4.  Each report of contributions must be filed with the 
secretary of state. The committee may mail the report by 
certified mail. If certified mail is used, the date of 
mailing shall be deemed the date of filing.
  5.  Each contribution, whether from or to a natural 
person, association or corporation, in excess of $500, and 
contributions which a contributor or the committee has made 
cumulatively in excess of that amount since the beginning of 
the first reporting period, must be separately identified 
with the name and address of the contributor or person to 
whom the contribution was given and the date of the 
contribution or contributions, tabulated and reported on the 
form provided by the secretary of state.
  6.  Any person who willfully violates any of the 
provisions of this section is guilty of a gross misdemeanor. 
\This subsection does not affect any penalty which may 
be imposed for the commission of perjury or subornation of 
perjury with regard to any reports required by this 
section.\\
  Sec. 36.  NRS 294A.280 is hereby amended to 
read as follows:
  294A.280  1.  Except as otherwise provided in subsection 
3, each committee for the recall of a public officer shall, 
not later than:
  (a) Fifteen days before the special election to recall a 
public officer, for the period from the filing of the notice 
of intent to circulate the petition for recall up to 20 days 
before the special election; and
  (b) Thirty days after the election, for the remaining 
period up to the election,
report each expenditure made by the committee in excess of 
$500 on a form provided by the secretary of state and signed 
under the penalty for perjury.
  2.  If a petition for the purpose of recalling a public 
officer is not filed before the expiration of the notice of 
intent, the committee for the recall of a public officer 
shall, not later than 30 days after the expiration of the 
notice of intent, report each expenditure made by the 
committee in excess of $500.
  3.  If a court does not order a special election for the 
recall of the public officer, the committee for the recall 
of a public officer shall, not later than 30 days after the 
court determines that an election will not be held, for the 
period from the filing of the notice of intent to circulate 
the petition for recall up to the day the court determines 
that an election will not be held, report each expenditure 
made by the committee in excess of $500.
  4.  The report must also include identification of 
expenditures which the committee for the recall of a public 
officer made cumulatively in excess of $500 since the 
beginning of the first reporting period.
   5.  Each report of expenditures must be filed with the 
secretary of state. The committee may mail the report by 
certified mail. If certified mail is used, the date of 
mailing shall be deemed the date of filing.
  6.  Any person who willfully violates any of the 
provisions of this section is guilty of a gross misdemeanor. 
\This subsection does not affect any penalty which may 
be imposed for the commission of perjury or subornation of 
perjury with regard to any reports required by this 
section.\\
  Sec. 37.  NRS 315.510 is hereby amended to 
read as follows:
  315.510  In the operation or management of housing 
projects an authority shall at all times observe the 
following duties with respect to rentals and tenant 
admissions:
  1.  It may rent or lease the dwelling accommodations 
therein only to persons of low income [,] and, as among [low 
income persons which] \low-income persons who\\ are 
eligible applicants for occupancy in dwellings of given 
sizes and at specified rents, shall extend the following 
preferences in the selection of tenants:
  \(a) \\First: To families [which] 
\who\\ are to be displaced by any low-rent housing 
project or by any public slum clearance or redevelopment 
project initiated after January 1, 1947, or [which] 
\who\\ were so displaced within 3 years [prior to] 
\before\\ making application on authority for 
admission to any low-rent housing \.\\ [; and as 
among] \Among\\ such families first preference 
[shall] \must\\ be given to families of disabled 
veterans whose disability has been determined by the 
[Veterans' Administration] \Department of Veterans 
Affairs\\ to be service connected, [and] second 
preference [shall] \must\\ be given to families of 
deceased veterans and servicemen whose death has been 
determined by the [Veterans' Administration] 
\Department of Veterans Affairs\\ to be 
service connected, and third preference [shall] 
\must\\ be given to families of other veterans and 
servicemen.
  \(b) \\Second: To families of other veterans and 
servicemen \.\\ [and as among] \Among\\ 
such families first preference [shall] \must\\ be 
given to families of disabled veterans whose disability has 
been determined by the [Veterans' Administration] 
\Department of Veterans Affairs\\ to be 
service connected, and second preference [shall] 
\must\\ be given to families of deceased veterans 
and servicemen whose death has been determined by the 
[Veterans' Administration] \Department of Veterans 
Affairs\\ to be service connected.
  2.  It may rent or lease to a tenant dwelling 
accommodations consisting of a number of rooms [(but] 
\, but\\ no greater [number)] \number,\\ 
which it deems necessary to provide safe and sanitary 
accommodations to the proposed occupants thereof, without 
overcrowding.
  3.  An authority shall not accept any person or persons as 
tenants in any housing project if the person or persons who 
occupy the dwelling accommodations have, at the time of 
admission, an aggregate annual net income, less an exemption 
of $200 for each minor member of the family other than the 
head of the family and his spouse, in excess of 7 times the 
annual rental of the quarters to be furnished such person or 
persons; but an authority may agree to conditions as to 
tenant eligibility or preference required by the Federal 
Government pursuant to federal law in any contract for 
financial assistance with the authority. In computing the 
rental for this purpose of admitting tenants, there [shall] 
\must\\ be included in the rental the average 
annual cost [(as] \, as\\ determined by the 
[authority)] \authority,\\ to occupants of heat, 
water, electricity, gas, cooking fuel [,] and other 
necessary services or facilities, whether or not the charge 
for such services and facilities is included in the rental.
  Sec. 38.  NRS 341.060 is hereby amended to 
read as follows:
  341.060  Within a reasonable time after the appointment of 
the members of the board, the board shall meet upon the call 
of the governor and shall organize [by electing a chairman 
and] \and elect a\\ vice chairman.
  Sec. 39.  NRS 361.085 is hereby amended to 
read as follows:
  361.085  1.  The property of all [totally] blind persons, 
not to exceed the amount of $3,000 of assessed valuation, is 
exempt from taxation, including community property to the 
extent only of the [totally] blind person's interest 
therein, but no such exemption may be allowed to anyone but 
[actual] bona fide residents of this state, and must be 
allowed in but one county in this state to the same family.
  2.  The person claiming such an exemption shall file with 
the county assessor an affidavit declaring his residency and 
that the exemption has been claimed in no other county in 
this state for that year. After the filing of the original 
affidavit, the county assessor shall mail a form for renewal 
of the exemption to the person each year following a year in 
which the exemption was allowed for that person. The form 
must be designed to facilitate its return by mail by the 
person claiming the exemption.
  3.  Upon first claiming the exemption in a county the 
claimant shall furnish to the assessor a certificate of a 
physician licensed under the laws of this state setting 
forth that he has examined the claimant and has found him to 
be a [totally] blind person.
  4.  As used in this section, ["totally blind persons"] 
\"blind person"\\ includes any person whose visual 
acuity with correcting lenses does not exceed 20/200 in the 
better eye, or whose vision in the better eye is restricted 
to a field which subtends an angle of not greater than 20°.
  Sec. 40.  NRS 361.091 is hereby amended to 
read as follows:
  361.091  1.  [An actual] \A\\ bona fide resident 
of the State of Nevada who has incurred a permanent service-
connected disability and has been honorably discharged from 
the Armed Forces of the United States, or his surviving 
spouse, is entitled to a disabled veteran's exemption.
  2.  The amount of exemption is based on the total 
percentage of permanent service-connected disability. The 
maximum allowable exemption for total permanent disability 
is the first $10,000 assessed valuation. A person with a 
permanent service-connected disability of:
  (a) Eighty to 99 percent, inclusive, is entitled to an 
exemption of $7,500 assessed value.
  (b) Sixty to 79 percent, inclusive, is entitled to an 
exemption of $5,000 assessed value.
For the purposes of this section, any property in which an 
applicant has any interest is deemed to be the property of 
the applicant.
  3.  The exemption may be allowed only to a claimant who 
has filed an affidavit with his claim for exemption on real 
property pursuant to NRS 361.155. The affidavit may be made 
at any time by a person claiming \an\\ exemption 
from taxation on personal property.
  4.  The affidavit must be made before the county assessor 
or a notary public and be submitted to the county assessor. 
It must be to the effect that the affiant is [an actual] 
\a\\ bona fide resident of the State of Nevada, 
that he meets all the other requirements of subsection 1 [,] 
and that he does not claim the exemption in any other county 
within this state. After the filing of the original 
affidavit, the county assessor shall mail a form for renewal 
of the exemption to the person each year following a year in 
which the exemption was allowed for that person. The form 
must be designed to facilitate its return by mail by the 
person claiming the exemption.
  5.  Before allowing any exemption pursuant to the 
provisions of this section, the county assessor shall 
require proof of the applicant's status, and for that 
purpose shall require him to produce an original or 
certified copy of:
  (a) An honorable discharge or other document of honorable 
separation from the Armed Forces of the United States which 
indicates the total percentage of his permanent service-
connected disability;
  (b) A certificate of satisfactory service which indicates 
the total percentage of his permanent service-connected 
disability; or
  (c) A certificate from the [Veterans' Administration] 
\Department of Veterans Affairs\\ or any other 
military document which shows that he has incurred a 
permanent service-connected disability and which indicates 
the total percentage of that disability, together with a 
certificate of honorable discharge or satisfactory service.
  6.  A surviving spouse claiming an exemption pursuant to 
this section must file with the county assessor an affidavit 
declaring that:
  (a) The surviving spouse was married to and living with 
the disabled veteran for the 5 years preceding his death;
  (b) The disabled veteran was eligible for the exemption at 
the time of his death or would have been eligible if he had 
been a resident of the State of Nevada;
  (c) The surviving spouse has not remarried; and
  (d) The surviving spouse is [an actual] \a\\ bona 
fide resident of the State of Nevada.
The affidavit required by this subsection is in addition to 
the certification required pursuant to subsections 4 and 5. 
After the filing of the original affidavit required by this 
subsection, the county assessor shall mail a form for 
renewal of the exemption to the person each year following a 
year in which the exemption was allowed for that person. The 
form must be designed to facilitate its return by mail by 
the person claiming the exemption.
  7.  If a tax exemption is allowed under this section, the 
claimant is not entitled to an exemption under NRS 361.090.
  8.  If any person makes a false affidavit or produces 
false proof to the county assessor or a notary public, and 
as a result of the false affidavit or false proof, the 
person is allowed a tax exemption to which he is not 
entitled, he is guilty of a gross misdemeanor.
  Sec. 41.  NRS 361.1565 is hereby amended to 
read as follows:
  361.1565  The personal property tax exemption to which a 
widow, orphan child, [totally] blind person, veteran or 
surviving spouse of a disabled veteran is entitled under NRS 
361.080, 361.085, 361.090 or 361.091 is reduced to the 
extent that he is allowed an exemption from the vehicle 
privilege tax under chapter 371 of NRS.
  Sec. 42.  NRS 371.102 is hereby amended to 
read as follows:
  371.102  1.  Vehicles registered by a [totally] blind 
person, not to exceed the amount of $3,000 determined 
valuation, are exempt from taxation, but the exemption must 
not be allowed to anyone but [actual] bona fide residents of 
this state, and must be filed in but one county in this 
state to the same family.
  2.  The person claiming the exemption shall file with the 
department in the county where the exemption is claimed an 
affidavit declaring his residency and that the exemption has 
been claimed in no other county in this state for that year. 
After the filing of the original affidavit, the county 
assessor shall mail a form for renewal of the exemption to 
the person each year following a year in which the exemption 
was allowed for that person. The form must be designed to 
facilitate its return by mail by the person claiming the 
exemption.
  3.  Upon first claiming such exemption in a county the 
claimant shall furnish to the department a certificate of a 
physician licensed under the laws of this state setting 
forth that he has examined the claimant and has found him to 
be a [totally] blind person.
  4.  As used in this section ["totally blind] \, 
"blind\\ person" includes any person whose visual acuity 
with correcting lenses does not exceed 20/200 in the better 
eye, or whose vision in the better eye is restricted to a 
field which subtends an angle of not greater than 20°.
  Sec. 43.  NRS 371.104 is hereby amended to 
read as follows:
  371.104  1.  [An actual] \A\\ bona fide resident 
of the State of Nevada who has incurred a permanent service-
connected disability and has been honorably discharged from 
the Armed Forces of the United States, or his surviving 
spouse, is entitled to a veteran's exemption from the 
payment of vehicle privilege taxes on vehicles of the 
following determined valuations:
  (a) If he has a disability of 100 percent, the first 
$10,000 of determined valuation;
  (b) If he has a disability of 80 to 99 percent, inclusive, 
the first $7,500 of determined valuation; or
  (c) If he has a disability of 60 to 79 percent, inclusive, 
the first $5,000 of determined valuation.
  2.  For the purpose of this section, the first $10,000 
determined valuation of vehicles in which an applicant has 
any interest shall be deemed to belong entirely to that 
person.
  3.  A person claiming the exemption shall file annually 
with the department in the county where the exemption is 
claimed an affidavit declaring that he is [an actual] 
\a\\ bona fide resident of the State of Nevada who 
meets all the other requirements of subsection 1, and that 
the exemption is claimed in no other county within this 
state. After the filing of the original affidavit, the 
county assessor shall mail a form for renewal of the 
exemption to the person each year following a year in which 
the exemption was allowed for that person. The form must be 
designed to facilitate its return by mail by the person 
claiming the exemption.
  4.  Before allowing any exemption pursuant to the 
provisions of this section, the department shall require 
proof of the applicant's status, and for that purpose shall 
require production of:
  (a) A certificate from the [Veterans' Administration] 
\Department of Veterans Affairs\\ that the veteran 
has incurred a permanent service-connected disability, which 
shows the percentage of that disability; and
  (b) Any one of the following:
    (1) An honorable discharge;
    (2) A certificate of satisfactory service; or
    (3) A certified copy of either of these documents.
  5.  A surviving spouse claiming an exemption pursuant to 
this section must file with the department in the county 
where the exemption is claimed an affidavit declaring that:
  (a) The surviving spouse was married to and living with 
the disabled veteran for the 5 years preceding his death;
  (b) The disabled veteran was eligible for the exemption at 
the time of his death; and
  (c) The surviving spouse has not remarried.
The affidavit required by this subsection is in addition to 
the certification required pursuant to subsections 3 and 4. 
After the filing of the original affidavit required by this 
subsection, the county assessor shall mail a form for 
renewal of the exemption to the person each year following a 
year in which the exemption was allowed for that person. The 
form must be designed to facilitate its return by mail by 
the person claiming the exemption.
  6.  If a tax exemption is allowed under this section, the 
claimant is not entitled to an exemption under NRS 371.103.
  7.  If any person makes a false affidavit or produces 
false proof to the department, and as a result of the false 
affidavit or false proof, the person is allowed a tax 
exemption to which he is not entitled, he is guilty of a 
gross misdemeanor.
  Sec. 44.  NRS 375A.325 is hereby amended to 
read as follows:
  375A.325  Proceedings for the collection of any tax 
imposed by NRS 375A.100 may be commenced at any time after 
the tax is due and within 10 years [from] \after\\ 
the time a determination of [delinquency] 
\deficiency\\ is issued.
  Sec. 45.  NRS 375B.350 is hereby amended to 
read as follows:
  375B.350  Proceedings for the collection of any tax 
imposed by NRS 375B.100 may be commenced at any time after 
the tax is due and within 10 years after the time a 
determination of [delinquency] \deficiency\\ is 
issued.
  Sec. 46.  NRS 417.070 is hereby amended to 
read as follows:
  417.070  1.  The office of the commissioner [shall] 
\must\\ be located in the same city where the state 
branch office of the [Veterans' Administration] 
\Department of Veterans Affairs\\ maintains its 
state administrative bureau, and if such office [be] 
\is\\ discontinued in the State of Nevada, then at 
such place as the governor may designate.
  2.  The office of the deputy commissioner [shall] 
\must\\ be maintained at Las Vegas, Nevada.
  3.  The deputy commissioner shall serve in his district, 
which [shall be] \consists of\\ Clark, Lincoln, Nye 
and Esmeralda Counties. The commissioner shall serve the 
other counties of the state.
  Sec. 47.  NRS 417.110 is hereby amended to 
read as follows:
  417.110  1.  Subject to the provisions of subsection 2, 
the commissioner may act as guardian of the estate of:
  (a) The minor child of a deceased veteran.
  (b) An insane or incompetent veteran.
  (c) A person who is certified by the [Veterans' 
Administration] \Department of Veterans Affairs\\ 
as having money due from the [Veterans' Administration,] 
\Department of Veterans Affairs,\\ the payment of 
which is dependent upon the appointment of a guardian for 
the person.
  2.  The commissioner may act as guardian as provided in 
subsection 1 only if at the time of appointment the estate, 
exclusive of money paid or to be paid by the Federal 
Government, does not exceed $2,500 in personal property or 
$3,500 in real property, or $2,500 in personal property and 
$3,500 in real property.
  3.  If a person for whom the commissioner acts as guardian 
receives a monthly income of $500 or more, the commissioner 
may charge a fee of 5 percent of the income of the estate of 
the person to pay for the expenses of providing the 
guardianship service.
  Sec. 48.  NRS 417.220 is hereby amended to 
read as follows:
  417.220  1.  Money received by the commissioner or the 
deputy commissioner from:
  (a) Fees pursuant to subsection 3 of NRS 417.210;
  (b) Allowances for burial from the [Veterans' 
Administration] \Department of Veterans Affairs\\ 
or the Social Security Administration;
  (c) Appropriations made by the legislature for veterans' 
cemeteries; and
  (d) Gifts of money or proceeds derived from the sale of 
gifts of personal property he is authorized to accept,
must be deposited with the state treasurer for credit to the 
account for a veterans' cemetery in northern Nevada or the 
account for a veterans' cemetery in southern Nevada, 
whichever is appropriate, in the state general fund.
  2.  The interest and income earned on the money in the 
accounts, after deducting any applicable charges, must be 
credited to the accounts.
  3.  The money in each account must only be used for the 
operation and maintenance of the cemetery for which the 
account was created.
  4.  Gifts of personal property which the commissioner or 
the deputy commissioner is authorized to receive but which 
are not appropriate for conversion to money may be used in 
kind.
  Sec. 49.  NRS 423.235 is hereby amended to 
read as follows:
  423.235  1.  Except as otherwise provided in NRS 423.230, 
all money received by a child in the northern Nevada 
children's home or the southern Nevada children's home, 
including, but not limited to, social security benefits, 
benefits paid to heirs of United States employees and 
payments payable by the United States through the [Veterans' 
Administration,] \Department of Veterans Affairs,\\ 
must be held by the superintendent in trust for the child.
  2.  The superintendent as trustee shall accumulate such 
money during the period the child is a ward of the state 
under the provisions of chapter 423 of NRS, and shall invest 
such money subject to the provisions of NRS 164.050, 164.060 
and 164.065.
  3.  The superintendent shall:
  (a) Keep a separate account for each child who receives 
money.
  (b) Deduct from the account the costs for the care and 
support of the child that are provided by the state, 
excluding any amount for which a county is responsible. If 
the child is placed in foster care, money in the account may 
be used for payments to a foster parent. Any surplus 
remaining may be expended for extraordinary items deemed 
beneficial to the child.
  (c) Remit any surplus balance to the child or his parent 
or legal guardian upon release from the school.
  4.  The superintendent may be removed as trustee of such 
money only upon application to the district court for the 
county in which the children's home is located. The district 
court may, for good cause shown and upon notice to the 
beneficiary, relieve the superintendent from his duties as 
trustee.
  Sec. 50.  NRS 433A.420 is hereby amended to 
read as follows:
  433A.420  The medical director of a division facility may 
order the transfer to a [United States Veterans' 
Administration] hospital \of the Department of Veterans 
Affairs\\ or other facility of the United States 
Government any admitted client eligible for treatment 
therein. If the client in any manner objects to the 
transfer, the medical director of the facility [must] 
\shall\\ enter the objection and a written 
justification of the transfer in the client's record and 
[forthwith] forward a notice of the objection to the 
administrator, and the commission shall review the transfer 
pursuant to subsections 2 and 3 of NRS 433.534.
  Sec. 51.  NRS 439A.030 is hereby amended to 
read as follows:
  439A.030  1.  The state health coordinating council is 
hereby created. The council consists of at least seven 
members appointed by the governor. Between 50 and 60 percent 
of the members of the council must be persons who are 
recipients of health services and not providers of health 
services.
  2.  Each health systems agency is entitled to the same 
number of representatives, no fewer than two, on the 
council. Of the representatives of each health systems 
agency, between 50 and 60 percent must be persons who are 
recipients of health services and not providers of health 
services.
  3.  If one or more hospitals or other health care 
facilities of the [Veterans' Administration] 
\Department of Veterans Affairs\\ are located in 
the state, the council [shall,] \must,\\ in 
addition to the appointed members, include as a nonvoting 
member a person whom the Chief Medical Director of the 
[Veterans' Administration] \Department of Veterans 
Affairs\\ designates as a representative of such a 
facility or facilities.
  4.  The council shall select a chairman from among its 
members.
  5.  The council may meet regularly at least once in each 
calendar quarter of a year.
  Sec. 52.  NRS 502.072 is hereby amended to 
read as follows:
  502.072  The division shall issue without charge any 
license authorized under the provisions of this chapter, 
upon satisfactory proof of the requisite facts to any 
[actual] bona fide resident of the State of Nevada who has 
incurred a service-connected disability which is considered 
to be 50 percent or more by the [United States Veterans' 
Administration] \Department of Veterans Affairs\\ 
and has received upon severance from service an honorable 
discharge or certificate of satisfactory service from the 
Armed Forces of the United States.
  Sec. 53.  NRS 502.240 is hereby amended to 
read as follows:
  502.240  The division shall issue annual licenses and 
limited permits:
  1.  To any person who has attained his 12th birthday but 
who has not attained his 16th birthday and who has been a 
bona fide resident of the State of Nevada for 6 months 
immediately preceding his application for a license, upon 
the payment of $5 for an annual fishing or hunting license 
or $9 for a combination hunting and fishing license.
  2.  To any person who has not attained his 16th birthday 
and who has been a bona fide resident of the State of Nevada 
for 6 months immediately preceding his application for a 
license, upon payment of $5 for an annual trapping license.
  3.  Except as otherwise provided in NRS 502.245 and 
504.390, to any person who has attained his 16th birthday 
and who has been a bona fide resident of the State of Nevada 
for 6 months immediately preceding his application for a 
license, upon the payment of:

    For a fishing license...........................  $15.00
    For a 10-day permit to fish.....................    10.00
    For a 3-day permit to fish......................      6.00
    For a hunting license...........................    20.00
    For a combined hunting and fishing license......    33.50
    For a trapping license..........................    30.50
    For a fur dealer's license......................    50.00
    For an annual master guide's license............  250.00
    For an annual subguide's license................    75.00
    
  4.  To any person who has attained his 12th birthday but 
who has not attained his 16th birthday, not a bona fide 
resident of the State of Nevada, upon the payment of $8 for 
an annual fishing license, except for a fishing license to 
fish in the reciprocal waters of the Colorado River, Lake 
Mead and Lake Mohave, which annual license must cost a sum 
agreed upon by the commission and the Arizona Game and Fish 
Commission, but not to exceed $30.
  5.  Except as otherwise provided in subsection 4, to any 
person, not a bona fide resident of the State of Nevada, 
upon the payment of:

    For a fishing license, except for a fishing license 
         to fish in the reciprocal waters of the 
         Colorado River, Lake Mead and Lake Mohave, 
         which license must cost a sum agreed upon by 
         the commission and the Arizona Game and Fish 
         Com-
          mission, but not to exceed $30................  $45
    For a 10-day permit to fish........................    30
    For a 3-day permit to fish.........................    17
    For a hunting license..............................  100
    For an annual trapper's license....................  150
    For a fur dealer's license.........................  100
    For an annual master guide's license...............  500
    For an annual subguide's license...................  150
    For a 10-day permit to hunt upland game and 
    waterfowl.........................................     50
    
  6.  To any person, without regard to residence, upon the 
payment of:

    For a noncommercial \license for the possession 
         of live\\ wildlife
          [culturing facility] .........................    $5
    For a commercial or private shooting preserve......  100
    For a commercial \license for the possession of 
         live\\ wildlife [cul-
          turing facility]..............................  100
    For a live bait dealer's permit....................    35
    For a competitive field trials permit..............    25
    For a permit to train dogs or falcons..............     5
    For a falconry license.............................    30
    For an importation permit..........................     5
    For an import eligibility permit...................    25
    For an exportation permit..........................     5
    For a permit to maintain a collection of live wild 
    animals............................................    10
    For any other special permit issued by the division, 
         a fee not to exceed $100 set by the commission.
  Sec. 54.  NRS 598.0915 is hereby amended to 
read as follows:
  598.0915  A person engages in a "deceptive trade practice" 
when in the course of his business or occupation he:
  1.  Knowingly passes off goods or services as those of 
another.
  2.  Knowingly makes a false representation as to the 
source, sponsorship, approval or certification of goods or 
services.
  3.  Knowingly makes a false representation as to 
affiliation, connection, association with or certification 
by another.
  4.  Uses deceptive representations or designations of 
geographic origin in connection with goods or services.
  5.  Knowingly makes a false representation as to the 
characteristics, ingredients, uses, benefits, alterations or 
quantities of goods or services or a false representation as 
to the sponsorship, approval, status, affiliation or 
connection of a person therewith.
  6.  Represents that goods are original or new if he knows 
or should know that they are deteriorated, altered, 
reconditioned, reclaimed, used or secondhand.
  7.  Represents that goods or services are of a particular 
standard, quality or grade, or that goods are of a 
particular style or model, if he knows or should know that 
they are of another.
  8.  Disparages the goods, services or business of another 
by false or misleading representation of fact.
  9.  Advertises goods or services with intent not to sell 
them as advertised.
  10.  Advertises goods or services with intent not to 
supply reasonably expectable public demand, unless the 
advertisement discloses a limitation of quantity.
  11.  Advertises under the guise of obtaining sales 
personnel when in fact the purpose is to first sell [a 
product or service] \goods or services\\ to the 
sales personnel applicant.
  12.  Makes false or misleading statements of fact 
concerning the price of goods or services, or the reasons 
for, existence of or amounts of price reductions.
  Sec. 55.  NRS 612.015 is hereby amended to 
read as follows:
  612.015  As used in this chapter, unless the context 
clearly requires otherwise, [words shall have the meanings 
assigned in the definitions hereafter set forth.] \the 
words and terms defined in NRS 612.016 to 612.200, 
inclusive, have the meanings ascribed to them in those 
sections.\\
  Sec. 56.  NRS 616.4982 is hereby amended to 
read as follows:
  616.4982  1.  The manager may invest in bonds or notes 
that are:
  (a) Guaranteed by the [Veterans' Administration] 
\Department of Veterans Affairs\\ under the 
Servicemen's Readjustment Act of 1944 [(as from time to time 
amended),] \, as amended,\\ or otherwise guaranteed 
by the United States of America [,] or by any agency or 
instrumentality of the United States of America, so as to 
give the investor protection essentially the same as that 
provided by the Servicemen's Readjustment Act, in which case 
the loan amount at the time of investment by the manager may 
equal the unpaid principal balance; or
  (b) Insured under the National Housing Act or under the 
Farmers Home Administration Act of 1946 [(as from time to 
time amended),] \, as amended,\\ in which case the 
loan amount at the time of investment by the manager may 
equal the amount of the loan insurance provided.
  2.  The manager shall not in any manner, either directly 
or indirectly, invest in real estate mortgages that are 
junior to first mortgages.
  3.  The manager shall not invest more than 20 percent of 
the system's assets in the securities described in this 
section.
  4.  No mortgage loan upon a leasehold may be made or 
acquired pursuant to this section unless the terms thereof 
provide for amortization payments to be made by the borrower 
on the principal at least once in each year in amounts 
sufficient completely to amortize the loan within a period 
of four-fifths of the term of the leasehold, inclusive of 
the term which may be provided by \an\\ enforceable 
option of renewal, which is unexpired at the time the loan 
is made, but in no event more than 30 years.
  5.  The manager may enter into servicing agreements with 
qualified mortgage servicing institutions for the handling 
of mortgage service details, and may reimburse the 
institutions the customary fee charged by the trade. The 
servicing institution shall furnish \to\\ the 
manager each month, with respect to each mortgage serviced, 
postings of all cash transactions affecting each mortgage 
and, at the end of each calendar year, a completely posted 
ledger sheet for each separate mortgage serviced, giving all 
cash transactions affecting each mortgage.
  Sec. 57.  NRS 616.49831 is hereby amended to 
read as follows:
  616.49831  The manager may invest and reinvest the money 
in the funds of the system in:
  1.  [Commercial paper as it is] \Negotiable 
instruments as they are\\ set forth in the Uniform 
Commercial [Code--Commercial Paper,] \Code--Negotiable 
Instruments,\\ NRS 104.3101 et seq. Eligible [commercial 
paper] \negotiable instruments\\ may not exceed 180 
days' maturity and must be of prime quality as defined by a 
nationally recognized organization which rates such 
securities. It is further limited to issuing corporations 
with net worth in excess of $50 million which are 
incorporated under the laws of the United States or any 
state thereof or the District of Columbia.
  2.  Collective or part interest in [commercial paper] 
\negotiable instruments\\ held by national banks 
and issued by companies whose [commercial paper meets] 
\negotiable instruments meet\\ the requirements 
prescribed in subsection 1.
  3.  Bankers' acceptances of the kind and maturities made 
eligible by law for rediscount with Federal Reserve Banks, 
and generally accepted by banks or trust companies which are 
members of the Federal Reserve System.
  4.  Time certificates of deposit issued by commercial 
banks or insured savings and loan associations.
  5.  Savings accounts in state banks, located in and 
organized under the laws of this state, or national banks.
  6.  Savings accounts in insured savings and loan 
associations located in or organized under the laws of this 
state.
  Sec. 58.  NRS 627.180 is hereby amended to 
read as follows:
  627.180  1.  Except for savings and loan associations, 
state banks and national banking associations, licensed to 
do business in the State of Nevada, under \the\\ 
laws of the State of Nevada [,] or under the laws of the 
United States, [or] title insurers or underwritten title 
insurance companies authorized to do business in the State 
of Nevada, or lenders of construction loan [moneys] 
\money\\ for dwelling units who are approved by the 
Federal Housing Administration or \Department of\\ 
Veterans [Administration] \Affairs\\ and who have 
been licensed and authorized to do business in the State of 
Nevada, every construction control doing business in the 
State of Nevada shall, within 30 days immediately following 
July 1, 1965, file with the state contractors' board a bond, 
executed by some corporation authorized to issue surety 
bonds in this state, in a penal sum equal to 1 1/4 times the 
amount of capital in the business but in no event less than 
$20,000, and such bond [shall] \must\\ be kept in 
full force and effect or replaced by a like bond as a 
condition to continuing to do business as a construction 
control in the State of Nevada.
  2.  The form of \the\\ bond required is as 
follows:



Bond No.


                CONSTRUCTION CONTROL BOND

Know All Men by These Presents:
  That I, ................................, having a 
principal place of business in 
...................................................., 
Nevada, as principal, and ................................, 
a corporation licensed to execute surety bonds under the 
provisions of the Nevada Insurance Code, as surety, are held 
and firmly bound to the State of Nevada, for the use of any 
person by whom funds are entrusted to the principal or to 
whom funds are payable by the principal, in the sum of 
................ Dollars, lawful money of the United States 
of America, to be paid to the State of Nevada, for which 
payment well and truly to be made we bind ourselves, our 
heirs, executors and successors, jointly and severally, 
firmly by these presents:
  The Condition of the Above Obligation Is Such 
That:
  Whereas, Under the Construction Control Law, certain 
duties, obligations and requirements are imposed upon all 
persons, copartnerships, associations or corporations acting 
as construction controls;
  Now, Therefore, If the principal and its 
agents and employees shall faithfully and in all respects 
conduct business as a construction control in accordance 
with the provisions of the Construction Control Law, this 
obligation shall be void, otherwise to remain in full force 
and effect;
  Provided, However, That the surety or 
sureties may cancel this bond and be relieved of further 
liability hereunder by delivering 30 days' written notice of 
cancellation to the principal; however, such cancellation 
shall not affect any liability incurred or accrued hereunder 
prior to the termination of such 30-day period;
  Provided Further, That the total aggregate 
liability of the surety or sureties herein for all claims 
which may arise under this bond shall be limited to the 
payment of ................ Dollars.
  In Witness Whereof, The principal and surety 
have hereunto set their hands this 
................................ day of 
................................, 19.....

                              ........................
                             By........................
                                             Principal

                       (Surety)
                            By........................
                                              Attorney
  Sec. 59.  NRS 631.390 is hereby amended to 
read as follows:
  631.390  Except as otherwise provided in subsection 2 of 
NRS 631.317, [nothing in this chapter applies] \this 
chapter does not apply\\ to:
  1.  A legally qualified physician or surgeon unless he 
practices dentistry as a specialty.
  2.  A dentist or dental hygienist of the United States 
Army, Navy, Air Force, Public Health Service, Coast Guard or 
[Veterans' Administration] \Department of Veterans 
Affairs\\ in the discharge of his official duty.
  Sec. 60.  NRS 637A.025 is hereby amended to 
read as follows:
  637A.025  1.  This chapter does not apply to any 
physician licensed to practice medicine in Nevada nor to the 
[Veterans' Administration] hearing aid dispensing program 
[.] \of the Department of Veterans Affairs.\\
  2.  This chapter does not apply to any person who measures 
human hearing for any purpose, including the selection of 
hearing aids, if such person does not dispense hearing aids 
or accessories.
  Sec. 61.  NRS 645B.010 is hereby amended to 
read as follows:
  645B.010  As used in this chapter, unless the context 
otherwise requires:
  1.  "Commissioner" means the commissioner of financial 
institutions.
  2.  \"Division" means the division of financial 
institutions of the department of business and industry.
  3.  \\"Depository financial institution" means a bank, 
savings and loan association, thrift company or credit 
union.
  [3.] \4.\\  "Mortgage company" means any person 
who, directly or indirectly:
  (a) Holds himself out for hire to serve as an agent for 
any person in an attempt to obtain a loan which will be 
secured by a lien on real property;
  (b) Holds himself out for hire to serve as an agent for 
any person who has money to lend, if the loan is or will be 
secured by a lien on real property;
  (c) Holds himself out as being able to make loans secured 
by liens on real property, unless the loans are made 
pursuant to subsection 8 or 10 of NRS 645B.015;
  (d) Holds himself out as being able to buy or sell notes 
secured by liens on real property; or
  (e) Offers for sale in this state any security which is 
exempt from registration under state or federal law and 
purports to make investments in promissory notes secured by 
liens on real property.
  Sec. 62.  NRS 645B.015 is hereby amended to 
read as follows:
  645B.015  Except as otherwise provided in subsection 5 of 
NRS 645B.020, the provisions of this chapter do not apply 
to:
  1.  Any person doing business under the laws of this 
state, any other state or the United States relating to 
banks, savings banks, trust companies, savings and loan 
associations, consumer finance companies, industrial loan 
companies, credit unions, thrift companies or insurance 
companies, unless the business conducted in this state is 
not subject to supervision by the regulatory authority of 
the other jurisdiction, in which case licensing pursuant to 
this chapter is required.
  2.  A real estate investment trust \,\\ as 
defined in 26 U.S.C. § 856, unless the business conducted in 
this state is not subject to supervision by the regulatory 
authority of the other jurisdiction, in which case licensing 
pursuant to this chapter is required.
  3.  An employee benefit plan \,\\ as defined in 
29 U.S.C. § 1002(3) \,\\ if the loan is made 
directly from money in the plan by the plan's trustee.
  4.  An attorney at law rendering services in the 
performance of his duties as \an\\ attorney at law.
  5.  A real estate broker rendering services in the 
performance of his duties as a real estate broker.
  6.  Except as otherwise provided in this subsection, any 
firm or corporation:
  (a) Whose principal purpose or activity is lending money 
on real property which is secured by a mortgage;
  (b) Approved by the Federal National Mortgage Association 
as a seller and servicer; and
  (c) Approved by the Department of Housing and Urban 
Development and the [Veteran's Administration.] 
\Department of Veterans Affairs.\\
A firm or corporation is not exempt from the provisions of 
this chapter pursuant to this subsection if it maintains any 
accounts described in subsection 1 of NRS 645B.175 or offers 
for sale in this state any unregistered security under state 
or federal law and purports to make investments in 
promissory notes secured by liens on real property. A firm 
or corporation which is exempted pursuant to this subsection 
must submit annually as a condition of its continued 
exemption a certified statement by an independent certified 
public accountant that the firm or corporation does not 
maintain any such accounts. This subsection does not 
prohibit an exempt firm or corporation from maintaining 
accounts described in NRS 645B.170 and subsection 3 of NRS 
645B.175.
  7.  Any person doing any act under \an\\ order of 
any court.
  8.  Any one natural person, or husband and wife, who 
provides money for investment in loans secured by a lien on 
real property, on his own account.
  9.  Agencies of the United States and of this state and 
its political subdivisions, including the public employees' 
retirement system.
  10.  A seller of real property who offers credit secured 
by a mortgage of the property sold.
  Sec. 63.  NRS 662.095 is hereby amended to 
read as follows:
  662.095  1.  To the same extent that a bank may invest 
its money in obligations of the United States, a bank may 
invest its money and may invest the money in its custody or 
possession which is eligible for investment:
  (a) In bonds or notes secured by a mortgage or deed of 
trust insured or guaranteed by the Federal Housing 
Administrator or the [Veterans' Administration;] 
\Department of Veterans Affairs;\\
  (b) In mortgages on real property which have been accepted 
for insurance by the Federal Housing Administrator or 
[Veterans' Administration;] \Department of Veterans 
Affairs;\\ and
  (c) In obligations of national mortgage associations or 
bonds, debentures, consolidated bonds or other obligations 
of any Federal Home Loan Bank or Banks.
  2.  A bank may make such loans:
  (a) Secured by real property, as the Federal Housing 
Administrator or [Veterans' Administration] \Department 
of Veterans Affairs\\ has insured or has made a 
commitment to insure, and may obtain such insurance.
  (b) As are insured or guaranteed by the Federal Housing 
Administrator, and on being approved as eligible for credit 
insurance by the [Veterans' Administration,] 
\Department of Veterans Affairs,\\ may make such 
loans as are insured or guaranteed by the [Veterans' 
Administration.] \Department of Veterans Affairs.\\
  3.  Wherever by statute of this state:
  (a) Collateral is required as security for the deposit of 
public money;
  (b) Deposits are required to be made with any public 
officer or department; or
  (c) An investment of capital or surplus, or a reserve or 
other fund is required to be maintained, consisting of 
designated securities,
bonds and notes secured by a mortgage or deed of trust 
insured by the Federal Housing Administrator or [Veterans' 
Administration,] \Department of Veterans Affairs,\\ 
debentures issued by the Federal Housing Administrator and 
obligations of national mortgage associations [shall be] 
\are\\ eligible for such purposes.
  4.  No law of this state prescribing the nature, amount or 
form of security [,] or requiring security upon which loans 
or investments may be made, [or] prescribing or limiting the 
rates of time of payment of the interest any obligation may 
bear, or prescribing or limiting the period for which loans 
or investments may be made, applies to loans or investments 
made pursuant to this section.
  Sec. 64.  NRS 673.310 is hereby amended to 
read as follows:
  673.310  1.  Subject to such regulations as may be 
prescribed by the Federal Housing Administrator or 
[Veterans' Administration,] \Department of Veterans 
Affairs,\\ savings and loan associations may:
  (a) Make such loans and advances of credit, and purchases 
of obligations representing the loans and advances of 
credit, as are eligible for insurance by the Federal Housing 
Administrator or are guaranteed by the [Veterans' 
Administration,] \Department of Veterans Affairs,\\ 
and to obtain such insurance.
  (b) Make such loans secured by [mortgage] 
\mortgages\\ on real property as are eligible for 
insurance by the Federal Housing Administrator or are 
guaranteed by the [Veterans' Administration,] 
\Department of Veterans Affairs,\\ and to obtain 
such insurance.
  (c) Purchase, invest in [,] and dispose of notes or bonds 
secured by [mortgage] \mortgages\\ insured by the 
Federal Housing Administrator or guaranteed by the 
[Veterans' Administration,] \Department of Veterans 
Affairs,\\ securities of national mortgage associations, 
and debentures issued by the [Veterans' Administration] 
\Department of Veterans Affairs\\ or the Federal 
Housing Administrator.
  2.  No law of this state, nor any articles of 
incorporation or bylaws of any savings and loan associations 
\,\\ prescribing the nature, amount or form of 
security or requiring security upon which loans or advances 
of credit may be made, [or] prescribing or limiting interest 
rates upon loans or advances of credit, or prescribing or 
limiting the period for which loans or advances of credit 
may be made \,\\ applies to loans, advances of 
credit or purchases made pursuant to subsection 1.
  3.  All loans, advances of credit, and purchases of 
obligations described in this section [heretofore] made and 
insured pursuant to the terms of the National Housing Act or 
Servicemen's Readjustment Act of 1944 are hereby validated 
and confirmed.
  Sec. 65.  NRS 675.040 is hereby amended to 
read as follows:
  675.040  This chapter does not apply to:
   1.  A person doing business under the authority of any law 
of this state or of the United States relating to banks, 
savings banks, trust companies, savings and loan 
associations, credit unions, development corporations, 
mortgage companies, thrift companies, pawnbrokers or 
insurance companies.
  2.  A real estate investment trust \,\\ as 
defined in 26 U.S.C. § 856.
  3.  An employee benefit plan \,\\ as defined in 
29 U.S.C. § 1002(3) \,\\ if the loan is made 
directly from money in the plan by the plan's trustee.
  4.  An attorney at law rendering services in the 
performance of his duties as \an\\ attorney at law 
if the loan is secured by real property.
  5.  A real estate broker rendering services in the 
performance of his duties as a real estate broker if the 
loan is secured by real property.
  6.  Except as otherwise provided in this subsection, any 
firm or corporation:
  (a) Whose principal purpose or activity is lending money 
on real property which is secured by a mortgage;
  (b) Approved by the Federal National Mortgage Association 
as a seller or servicer; and
  (c) Approved by the Department of Housing and Urban 
Development and the [Veterans' Administration.] 
\Department of Veterans Affairs.\\
  7.  A person who provides money for investment in loans 
secured by a lien on real property, on his own account.
  8.  A seller of real property who offers credit secured by 
a mortgage of the property sold.
  9.  A person holding a nonrestricted state gaming license 
issued pursuant to the provisions of chapter 463 of NRS.
  Sec. 66.  NRS 683A.130 is hereby amended to 
read as follows:
  683A.130  1.  For the protection of the people of this 
state, the commissioner shall not issue, continue or permit 
to exist any agent's, broker's or solicitor's license except 
in compliance with this chapter. Any natural person for whom 
such a license is issued, continued or permitted to exist 
must:
  (a) Be a bona fide resident of, and reside within, this 
state. This paragraph does not apply to:
    (1) An agent brought into this state by an insurer to 
replace an agent disabled, deceased or dismissed.
    (2) A licensed nonresident agent or nonresident broker 
of this state who otherwise qualifies for a license and is 
licensed as a resident within 60 days after he becomes a 
bona fide resident of this state. This subparagraph does not 
otherwise apply to nonresident agents and nonresident 
brokers.
    (3) A licensed resident agent or resident broker during 
the 60 days next following the date he establishes his 
residence in another state.
   (b) Be at least 18 years of age.
  (c) If he applies for or holds an agent's license, have 
been appointed an agent by an authorized insurer, subject to 
the issuance of the license.
  (d) If he applies for or holds a solicitor's license, be 
the bona fide employee of a licensed resident agent or a 
licensed resident broker as a solicitor, or be so employed 
subject to the issuance of the license.
  (e) If he applies for or holds a broker's license, have 
had experience for at least 1 year as an agent, solicitor, 
managing general agent, adjuster, insurer's underwriter or 
broker or have had other special experience, education or 
training, all of sufficient content and duration reasonably 
necessary for competence in fulfilling the responsibilities 
of a broker.
  (f) Be competent, trustworthy and financially responsible.
  (g) Pass each examination required for the license 
pursuant to this chapter.
  (h) Successfully complete each course of instruction which 
the commissioner requires by regulation.
  2.  The commissioner shall not differentiate between 
persons entitled to act as agents [,] on the basis that the 
persons are engaged in other businesses to which the 
insurance agency is incidental or supplemental.
  3.  The commissioner may require applicants for licensing 
to pay, in addition to the fee required by NRS 683A.150, a 
fee of $15 for \deposit in\\ the 
\insurance\\ recovery [fund.] \account created 
by NRS 679B.305.\\
  Sec. 67.  NRS 683A.270 is hereby amended to 
read as follows:
  683A.270  1.  Each license issued under this code 
continues in force until it expires or is suspended, revoked 
or otherwise terminated, subject to payment of the 
applicable fee for renewal and a fee of $15 for 
\deposit in\\ the \insurance\\ recovery 
[fund] \account created by NRS 679B.305\\ to the 
commissioner at his office in Carson City, Nevada, on or 
before the last day of the month in which the license is 
renewable. The fees must be accompanied by a written request 
for renewal of the license. The request must be made and 
signed:
  (a) By the licensee in the case of a broker's, nonresident 
broker's, surplus lines broker's, agent's or managing 
general agent's license.
  (b) By the employing agent or broker in the case of a 
solicitor's license.
  (c) By the employing title insurer or agent in the case of 
an escrow officer.
  2.  Any license referred to in subsection 1 which is not 
continued on or before the last day specified for its 
renewal shall be deemed to have expired at midnight on that 
day. The commissioner may accept a request for renewal 
received by him within 30 days thereafter if it is 
accompanied by a renewal fee of 150 percent of the fee 
otherwise required and the fee of $15 for \deposit 
in\\ the \insurance\\ recovery [fund.] 
\account created by NRS 679B.305.\\
  3.  If the commissioner has reason to believe that any 
licensed agent, broker or solicitor has for any cause raised 
a reasonable question as to the competence of the licensee 
or of any natural person designated to exercise the license 
powers of a firm or corporate licensee, the commissioner may 
require, as a condition to continuation of the license, that 
the licensee or natural person take and pass to the 
commissioner's satisfaction a written examination as 
required under this chapter of natural persons who intend to 
apply for a similar license.
  4.  The commissioner may by regulation require the 
successful completion of a reasonable number of appropriate 
courses of study as a condition to continuation of any 
license to which this section applies.
  5.  The license of a managing general agent for a 
particular insurer or underwriter's department must be 
terminated by the commissioner upon written request by that 
insurer or department.
  6.  This section does not apply to temporary licenses 
issued under NRS 683A.300.
  Sec. 68.  NRS 684A.160 is hereby amended to 
read as follows:
  684A.160  Before the issuance or continuation of an 
adjuster's license the applicant must pay a fee of $15 for 
\deposit in\\ the \insurance\\ recovery 
[fund.] \account created by NRS 679B.305.\\
  Sec. 69.  NRS 685A.120 is hereby amended to 
read as follows:
  685A.120  1.  No person in this state may act as, hold 
himself out as, or be a surplus lines broker with respect to 
subjects of insurance resident, located or to be performed 
in this state or elsewhere unless he is licensed as such by 
the commissioner pursuant to this chapter.
  2.  Any person who has been licensed by this state as a 
resident broker for general lines for at least 6 months and 
who is deemed by the commissioner to be competent and 
trustworthy with respect to the handling of surplus lines 
may be licensed as a surplus lines broker upon:
  (a) Application for a license and payment of the 
applicable fee for a license and a fee of $15 for 
\deposit in\\ the \insurance\\ recovery 
[fund;] \account created by NRS 679B.305;\\ and
  (b) Passing any examination prescribed by the commissioner 
on the subject of surplus lines.
  3.  Application for the license must be made to the 
commissioner on forms designated and furnished by him.
  4.  A license issued pursuant to this chapter continues in 
force for 3 years unless it is suspended, revoked or 
otherwise terminated. The license may be renewed by payment 
of the applicable fee for renewal and a fee of $15 for 
\deposit in\\ the \insurance\\ recovery 
[fund] \account created by NRS 679B.305\\ to the 
commissioner on or before the last day of the month in which 
the license is renewable.
  5.  A license which is not renewed expires at midnight on 
the last day specified for its renewal. The commissioner may 
accept a request for renewal received by him within 30 days 
after the expiration of the license if the request is 
accompanied by a fee for renewal of 150 percent of the fee 
otherwise required and a fee of $15 for \deposit 
in\\ the \insurance\\ recovery [fund.] 
\account created by NRS 679B.305.\\
  Sec. 70.  NRS 686C.280 is hereby amended to 
read as follows:
  686C.280  1.  The association shall issue to each insurer 
paying an assessment under this chapter a certificate of 
contribution, in a form prescribed by the commissioner, for 
the amount so paid. All outstanding certificates are of 
equal dignity and priority without reference to 
\the\\ amounts or dates of issue. A member insurer 
may show a certificate of contribution as an asset in its 
financial statement in such form, for such amount 
\,\\ if any, and for such period as the 
commissioner may approve.
  2.  A member insurer may offset against its liability for 
premium tax to this state, accrued with respect to business 
transacted in a calendar year, an amount equal to 20 percent 
of the amount certified pursuant to subsection 1 in each of 
the 5 calendar years following the year in which the 
assessment was paid. If an insurer ceases to transact 
business, it may offset all uncredited assessments against 
its liability for premium tax for the year in which it so 
ceases.
  3.  Any sum acquired by refund from the association 
pursuant to NRS 686C.260 which [theretofore] 
\previously\\ had been written off by the 
contributing insurer and offset against premium taxes as 
provided in subsection 2 must be paid to the [commissioner 
and by him] \department of taxation and\\ deposited 
\by it\\ with the state treasurer for credit to the 
state general fund. The association shall notify the 
commissioner \and the department of taxation\\ of 
each refund made.
  Sec. 71.  NRS 692A.104 is hereby amended to 
read as follows:
  692A.104  Before the issuance or renewal of a license as a 
title agent or escrow officer the applicant must pay a fee 
of $15 for \deposit in\\ the \insurance\\ 
recovery [fund.] \account created by NRS 
679B.305.\\
  Sec. 72.  NRS 696A.300 is hereby amended to 
read as follows:
  696A.300  1.  Each license for a club agent issued under 
this chapter continues in force for 3 years unless it is 
suspended, revoked or otherwise terminated. A license may be 
renewed upon payment \to the commissioner\\ of the 
applicable fee for renewal and a fee of $15 for 
\deposit in\\ the \insurance\\ recovery 
[fund to the commissioner. The fee] \account created by 
NRS 679B.305. The fees\\ must be paid on or before the 
last day of the month in which the license is renewable.
  2.  Any license not so renewed expires at midnight on the 
last day specified for its renewal. The commissioner may 
accept a request for renewal received by him within 30 days 
after the expiration of the license if the request is 
accompanied by a fee for renewal of 150 percent of the fee 
otherwise required and the fee of $15 for \deposit 
in\\ the \insurance\\ recovery [fund.] 
\account created by NRS 679B.305.\\
  3.  The commissioner shall collect in advance and deposit 
with the state treasurer for credit to the state general 
fund the following fees for licensure as a club agent:
  (a) Application and license...........................  $7
8
  (b) Appointment by each motor club....................    5
  (c) Triennial renewal of each license.................  78
  Sec. 73.  NRS 711.285 is hereby amended to 
read as follows:
  711.285  A local government may recover from a person who 
is convicted [of violating] \pursuant to\\ 
subsection 3 of NRS 711.270 a civil penalty of not more than 
$50,000 for the first violation, and for the second or 
subsequent violation a civil penalty of not more than 
$100,000. This penalty is in addition to any other civil or 
criminal penalty provided in NRS 711.270 or 711.280.
  Sec. 74.  NRS 193.0135 is hereby repealed.
  Sec. 75.  Section 2 of this act becomes 
effective at 12:01 a.m. on October 1, 1995.

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