Within how many days must the Commissioner hold a hearing after an application is filed?

The requirement for the Commissioner to hold a hearing within a specific timeframe after an application is filed is established to ensure timely processing and transparency in regulatory procedures. The correct answer indicates that the Commissioner must hold a hearing within 30 days of receiving the application. This timeframe is set to balance the need for thorough consideration of the application while also providing applicants with a prompt response, which is essential in maintaining the regulatory efficiency of insurance operations in Nevada. This ensures that applicants are not left waiting indefinitely and that the administration of insurance laws is conducted in a timely manner. The 30-day requirement is a standard practice in regulatory frameworks, reflecting a commitment to due process in evaluating insurance matters.