Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
NRS 675.010 - Short title. - This chapter shall be known and may be cited as...
NRS 675.020 - Definitions. [Effective until the date on which the Commissioner of Financial Institutions notifies the Governor and the Director of the Legislative Counsel Bureau that the Nationwide Multistate Licensing System and Registry has suffici... - As used in this chapter, unless the context otherwise requires:...
NRS 675.030 - Legislative declaration. - The Legislature finds as facts and determines that: 1. There...
NRS 675.035 - Applicability of chapter. - The provisions of this chapter apply to any person who:...
NRS 675.040 - Applicability of chapter; exemptions. - This chapter does not apply to: 1. Except as otherwise...
NRS 675.045 - Certain relationships between employees of Division of Financial Institutions and licensees prohibited; termination of prohibited relationship. - 1. Except as provided in subsection 3, an officer or...
NRS 675.050 - Effect of amendment or repeal of chapter on preexisting lawful contracts. - This chapter or any part thereof may be modified, amended...
NRS 675.055 - Exemption from provisions governing making of loans: Application to Commissioner; grounds; powers and duties of Commissioner; regulations; fees set by regulation. - 1. A person may apply to the Commissioner for an...
NRS 675.060 - Unlicensed dealing in loans prohibited; license required for each office or other place of business. - 1. No person may engage in the business of lending...
NRS 675.070 - Application of NRS 675.060 to persons who seek to evade. - The provisions of NRS 675.060 shall apply to any person...
NRS 675.090 - Application for license: Form; contents; requirements when applying for license for office or other place of business located outside State; withdrawal of application. - 1. Application for a license must be in writing, under...
NRS 675.095 - Application for license: Additional requirements; fingerprints; grounds for refusal to issue license. [Effective until the date on which the Commissioner of Financial Institutions notifies the Governor and the Director of the Legislativ... - 1. In addition to any other requirements set forth in...
NRS 675.100 - Fees for application and investigation; regulations. - 1. At the time of making the application, the applicant...
NRS 675.110 - Investigation by Commissioner; notice; hearing; order. - 1. Upon the filing of the application and the payment...
NRS 675.120 - Issuance of license subsequent to findings by Commissioner. - If the Commissioner finds: 1. That the financial responsibility, experience,...
NRS 675.130 - Required statements on license. - Each license shall: 1. State the address at which the...
NRS 675.140 - Expiration, renewal and reinstatement of license; fees; regulations. [Effective until the date on which the Commissioner of Financial Institutions notifies the Governor and the Director of the Legislative Counsel Bureau that the Nationw... - 1. A license expires on December 31 of each year...
NRS 675.150 - Procedure for denial of license. - 1. If the Commissioner finds that any applicant does not...
NRS 675.160 - Disposition of money collected pursuant to chapter. - Except as otherwise provided in NRS 675.100, all fees and...
NRS 675.162 - Commissioner authorized to take action to participate in Registry; charges for use; regulations; provisions do not replace or affect authority of Commissioner regarding licensing. [Effective on the date on which the Commissioner of Fina... - 1. The Commissioner may, in furtherance of his or her...
NRS 675.164 - Submission and processing of fingerprints. [Effective on the date on which the Commissioner of Financial Institutions notifies the Governor and the Director of the Legislative Counsel Bureau that the Nationwide Multistate Licensing Syst... - 1. The Commissioner may require an applicant for a license...
NRS 675.166 - Commissioner required to report certain information or material to Registry; confidentiality of information or material provided; Commissioner authorized to enter into certain agreements and arrangements. [Effective on the date on which... - 1. Subject to any limitations or restrictions contained in federal...
NRS 675.168 - Additional materials required to be submitted to Registry. [Effective on the date on which the Commissioner of Financial Institutions notifies the Governor and the Director of the Legislative Counsel Bureau that the Nationwide Multistat... - 1. In addition to any other requirements set forth by...
NRS 675.169 - Licensee required to register and maintain unique identifier; Commissioner authorized to issue license through Registry; references to Commissioner deemed references to Registry. [Effective on the date on which the Commissioner of Finan... - 1. Each licensee shall register with and maintain a valid...
NRS 675.170 - Regulations and orders of Commissioner. - 1. The Commissioner: (a) May adopt regulations and make orders...
NRS 675.180 - Licensee to maintain minimum assets. - Every licensee shall maintain assets of at least $50,000 either...
NRS 675.190 - Posting of licenses. - Each license shall be kept conspicuously posted in the licensed...
NRS 675.200 - Transferability or assignability of license. - Licenses shall not be transferable or assignable. (Added to NRS...
NRS 675.210 - Places of business maintainable by licensee under license; issuance of more than one license to licensee. - Not more than one place of business may be maintained...
NRS 675.220 - Change of address by licensee: Notice; approval by Commissioner; penalty for failure to provide required notice. - 1. A licensee who wishes to change the address of...
NRS 675.230 - Restriction on location of business of making loans. - 1. Except as otherwise provided in subsections 2 and 3,...
NRS 675.240 - Name under which business transactable by licensee; loans by mail. - No licensee shall conduct the business of making loans provided...
NRS 675.245 - Use or change of business name; prohibitions. - 1. A licensee must obtain the approval of the Commissioner...
NRS 675.250 - Books and accounting records: Practices; preservation; requirements regarding office or other place of business located outside State. - 1. Each licensee shall keep and use in his or...
NRS 675.260 - Annual report by licensee; composite reports. [Effective until the date on which the Commissioner of Financial Institutions notifies the Governor and the Director of the Legislative Counsel Bureau that the Nationwide Multistate Licensin... - 1. Annually, on or before April 15, each licensee shall...
NRS 675.280 - False, misleading or deceptive advertising prohibited. - A licensee shall not advertise or permit to be advertised...
NRS 675.285 - Commissioner required to investigate alleged violations of chapter. - If the Commissioner receives information from a registered agent pursuant...
NRS 675.296 - Practices regarding customers who are members of military. - Notwithstanding any other provision of law: 1. If a borrower...
NRS 675.300 - Insurance as security for loans: Conditions; limitations. - 1. A licensee may request that a borrower insure tangible...
NRS 675.310 - Collection of loans made outside State. - Any loan made outside this state lawfully made as permitted...
NRS 675.330 - Payment in money, credit, goods or things in action, as consideration for sale, assignment, or order of compensation, deemed loan of money; transaction subject to provisions of chapter. - The payment of money, credit, goods or things in action,...
NRS 675.340 - Assignment of wages as security invalid. - No assignment of wages, salary, commissions or other compensation for...
NRS 675.350 - Prohibited practices by licensees. - No licensee may: 1. Take any confession of judgment or...
NRS 675.360 - Duties of licensee. - Every licensee shall: 1. Deliver to the borrower, or if...
NRS 675.361 - Terms of written agreement. - A licensee may make a loan for an indefinite term...
NRS 675.363 - Calculation of interest; billing cycle. - 1. Under an agreement for a loan for an indefinite...
NRS 675.365 - Fees and charges. - In addition to the interest allowed pursuant to NRS 675.363,...
NRS 675.367 - Borrower must be given description of rate and computation of interest; notice of increase in rate of interest or change in terms. - 1. In addition to the information required in subsection 1...
NRS 675.369 - Written statement to borrower; copy of draft or order for payment. - 1. If the account of a borrower on a loan...
NRS 675.3693 - Limitation on annual percentage rate. - A licensee who makes a loan under this chapter that...
NRS 675.3695 - Information required to be provided by licensee. - 1. Before making a loan under this chapter that constitutes...
NRS 675.3697 - Prohibited practices by licensee. - A licensee shall not make a loan under this chapter...
NRS 675.370 - License remains effective until expiration, surrender, revocation or suspension. - Each license shall remain in full force and effect until...
NRS 675.380 - Authority of Commissioner to investigate business; free access required. - 1. For the purpose of discovering violations of this chapter...
NRS 675.390 - Authority of Commissioner to require attendance of witnesses and production of documents. - The Commissioner may require the attendance of any person and...
NRS 675.400 - Commissioner to examine licensee’s business annually; fee. - 1. At least once each year, the Commissioner or his...
NRS 675.410 - Temporary suspension of license: Conditions; notice; hearing; term of suspension. - If the Commissioner finds that probable cause for revocation of...
NRS 675.420 - Surrender of license by licensee; surrender as affecting licensee’s liability. - Any licensee may surrender any license by delivering it to...
NRS 675.430 - Order to desist and refrain; action to enjoin violation; appointment and powers of receiver. - 1. Whenever the Commissioner has reasonable cause to believe that...
NRS 675.440 - Revocation or suspension of license: Grounds; notice; hearing; order. - 1. If the Commissioner has reason to believe that grounds...
NRS 675.445 - Revocation or suspension of license: Additional grounds. - In addition to any other lawful reasons, the Commissioner may...
NRS 675.450 - Preexisting contracts unaffected by revocation, suspension, expiration or surrender of license. - No revocation, suspension, expiration or surrender of any license impairs...
NRS 675.470 - Unlicensed dealing in loans. - Any person and the several members, officers, directors, agents and...
NRS 675.490 - Administrative fines. - In addition to any other remedy or penalty, the Commissioner...