Nevada Revised Statutes
Chapter 657A - Regulatory Experimentation Program for Product Innovation
NRS 657A.200 - Establishment of Program.

In consultation with each applicable regulator, the Director shall establish and administer the Regulatory Experimentation Program for Product Innovation to enable a person to obtain limited access to markets in this State to test a financial product or service without:
1. Applying for or obtaining any license or other authorization otherwise required by any provision of this title, chapter 645A, 645B, 645F or 645G of NRS or any regulation adopted pursuant thereto; or
2. Otherwise complying with any provision of this title, chapter 645A, 645B, 645F or 645G of NRS or any regulation adopted pursuant thereto, except as otherwise required by the Director pursuant to NRS 657A.430 or 657A.620.
(Added to NRS by 2019, 3986)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 657A - Regulatory Experimentation Program for Product Innovation

NRS 657A.100 - Definitions.

NRS 657A.110 - "Applicable regulator" defined.

NRS 657A.120 - "Consumer" defined.

NRS 657A.130 - "Director" defined.

NRS 657A.140 - "Financial product or service" or "product or service" defined.

NRS 657A.150 - "Innovation" defined.

NRS 657A.160 - "Participant" defined.

NRS 657A.170 - "Program" defined.

NRS 657A.180 - "Test" defined.

NRS 657A.200 - Establishment of Program.

NRS 657A.210 - Regulations.

NRS 657A.220 - License or authorization from other jurisdiction; Director may enter into agreements concerning license or authorization.

NRS 657A.230 - Participant deemed to hold a license or other authorization.

NRS 657A.300 - Financial product or service provided within Program: Requirements and limitations.

NRS 657A.310 - Limitations on transactions.

NRS 657A.320 - Request for relief from certain limitations; approval, denial, rescission or modification of request.

NRS 657A.330 - Required disclosures.

NRS 657A.340 - Period of testing.

NRS 657A.350 - Request for extension of period of testing: Procedure; requirements; approval or denial by Director; report on extension.

NRS 657A.400 - Application to participate; requirements for application; fee.

NRS 657A.410 - Director may refuse incomplete application; applicant required to provide additional information upon request; Director required to consult with certain regulators; timeline to approve or deny application.

NRS 657A.420 - Approval or denial of application; notice of approval or denial.

NRS 657A.430 - Issuance of registration upon approval of application; conditional approval of application.

NRS 657A.500 - Regulations concerning reporting; required records and reporting; participant to notify Director of failed product or service or unauthorized acquisition of computerized data.

NRS 657A.510 - Confidentiality of records and information; immunity from liability for Director and applicable regulators concerning disclosure of certain records and information; admissibility of certain records and information.

NRS 657A.520 - Electronic form of certain information; substitution of certain information.

NRS 657A.530 - Report by Director to Legislature.

NRS 657A.600 - Establishment of toll-free telephone number and Internet website for complaints.

NRS 657A.610 - Powers of Director to enforce chapter.

NRS 657A.620 - Powers of Director to take action relating to certain acts or omissions of participants.