The Commissioner shall not issue a certificate of authority to any motor club until:
1. It files with the Commissioner the following:
(a) A formal application for the certificate in such form and detail as the Commissioner requires, executed under oath by its president or other principal officer.
(b) A certified copy of its charter or articles of incorporation and its bylaws.
2. It pays to the Commissioner the following:
(a) The fee specified in NRS 680B.010 for the filing of an application for the certificate;
(b) The fee specified in NRS 680B.010 for the issuance of the certificate; and
(c) In addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110.
3. It deposits the required cash, securities, bond or evidence of such a deposit in another state as provided in NRS 696A.080 with the Commissioner.
4. Its name is approved by the Commissioner pursuant to NRS 696A.120.