1. If the Board receives a copy of a final decision issued pursuant to NRS 360.5975 or 372A.2867 that provides for the revocation or suspension of a cannabis tax permit or a sales and use tax permit, as applicable, issued to a person who is the holder of a license, the Board shall deem the applicable license issued to that person to be suspended on the day on which the final decision is served on the Board.
2. The Board shall reinstate a license that has been suspended pursuant to subsection 1 if the Board receives a letter from the Department of Taxation stating that the person whose license was suspended has paid the liability in full or the license was transferred and the liability has been paid in full with the proceeds from the transfer.
3. As used in this section, “sales and use tax permit” means a registration with the Department of Taxation or permit issued by the Department of Taxation pursuant to NRS 360.597 to 360.5975, inclusive.