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A contractor's license expired 45 days ago in Nevada. What penalty must they pay in addition to renewal fees to reinstate?

Correct Answer

C) 100% of renewal fee

Nevada imposes a penalty equal to 100% of the renewal fee for licenses renewed more than 30 days after expiration.

Answer Options
A
25% of renewal fee
B
No additional penalty
C
100% of renewal fee
D
50% of renewal fee

Why This Is the Correct Answer

Nevada imposes a penalty equal to 100% of the renewal fee for licenses renewed more than 30 days after expiration.

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