Nevada Revised Statutes — Title 32 (Revenue and Taxation)
Nev. Rev. Stat. § 365.304 — Term and transferability of license; regulations for renewal of license
NRS 365.304 Term and transferability of license; regulations for renewal of
license.
1. A license issued pursuant to this chapter:
(a) Is valid for 1 year, unless suspended,
revoked or cancelled.
(b) Is not transferable.
2. The Department shall adopt regulations
providing for the renewal of such licenses.
Source: official text