1. The Authority shall notify each regulatory body of this State that has issued a current, valid license to a licensed provider or insurer if:
(a) The Authority determines that the licensed provider or insurer is not in compliance with the requirements of subsection 4 of NRS 439.589; and
(b) The licensed provider or insurer:
(1) Is not exempt from those requirements pursuant to subsection 5 of NRS 439.589; and
(2) Has not received a waiver of those requirements pursuant to subsection 6 of NRS 439.589.
2. If the Authority determines that a licensed provider or insurer for which notice was previously provided pursuant to subsection 1 has come into compliance with the requirements of subsection 4 of NRS 439.589, the Authority shall immediately notify the regulatory body that issued the license.
3. As used in this section:
(a) “License” means any license, certificate, registration, permit or similar type of authorization to practice an occupation or profession or engage in a business in this State issued to a licensed provider or insurer.
(b) “Licensed provider or insurer” means:
(1) A medical facility licensed pursuant to chapter 449 of NRS;
(2) The holder of a permit to operate an ambulance, an air ambulance or a vehicle of a fire-fighting agency pursuant to chapter 450B of NRS;
(3) A provider of health care, as defined in NRS 629.031, who is licensed pursuant to title 54 of NRS; or
(4) Any person licensed pursuant to title 57 of NRS.
(c) “Regulatory body” means any governmental entity that issues a license.