1. An action or proceeding brought pursuant to subsection 1, 2 or 3 of NRS 676A.740 must be commenced within 4 years after the conduct that is the basis of the Commissioner’s complaint.
2. An action brought pursuant to NRS 676A.760 must be commenced within 2 years after the latest of:
(a) The individual’s last transmission of money to a provider;
(b) The individual’s last transmission of money to a creditor at the direction of the provider;
(c) The provider’s last disbursement to a creditor of the individual;
(d) The provider’s last accounting to the individual pursuant to subsection 1 of NRS 676A.630;
(e) The date on which the individual discovered or reasonably should have discovered the facts giving rise to the individual’s claim; or
(f) Termination of actions or proceedings by the Commissioner with respect to a violation of the chapter.
3. The period prescribed in paragraph (e) of subsection 2 is tolled during any period during which the provider or, if different, the defendant has materially and willfully misrepresented information required by this chapter to be disclosed to the individual, if the information so misrepresented is material to the establishment of the liability of the defendant under this chapter.
(Added to NRS by 2009, 1997)
Structure Nevada Revised Statutes
Chapter 676A - Uniform Debt-Management Services Act
NRS 676A.030 - "Affiliate" defined.
NRS 676A.040 - "Agreement" defined.
NRS 676A.050 - "Bank" defined.
NRS 676A.060 - "Business address" defined.
NRS 676A.070 - "Certified counselor" defined.
NRS 676A.080 - "Certified debt specialist" defined.
NRS 676A.090 - "Commissioner" defined.
NRS 676A.100 - "Concessions" defined.
NRS 676A.110 - "Credit counseling" defined.
NRS 676A.130 - "Debt-management plan" defined.
NRS 676A.140 - "Debt-management services" defined.
NRS 676A.150 - "Debt settlement services" defined.
NRS 676A.160 - "Entity" defined.
NRS 676A.170 - "Good faith" defined.
NRS 676A.180 - "Person" defined.
NRS 676A.190 - "Plan" defined.
NRS 676A.200 - "Principal amount of the debt" defined.
NRS 676A.210 - "Provider" defined.
NRS 676A.220 - "Record" defined.
NRS 676A.230 - "Settlement fee" defined.
NRS 676A.240 - "Sign" defined.
NRS 676A.250 - "State" defined.
NRS 676A.260 - "Trust account" defined.
NRS 676A.280 - Uniformity of application and construction.
NRS 676A.290 - Relation to Electronic Signatures in Global and National Commerce Act.
NRS 676A.300 - Registration required.
NRS 676A.310 - Application for registration: Form; contents; fee; bond; evidence of insurance.
NRS 676A.330 - Duty to report changes in information.
NRS 676A.390 - Surety bond required.
NRS 676A.400 - Substitute for surety bond.
NRS 676A.500 - Provider to act in good faith; fiduciary duty.
NRS 676A.510 - Provider to maintain toll-free communication system.
NRS 676A.520 - Duties of provider before providing debt-management services.
NRS 676A.550 - Cancellation of agreement.
NRS 676A.580 - Fees or charges: Restrictions.
NRS 676A.590 - Voluntary contributions: Restrictions.
NRS 676A.600 - Required disclosures by provider.
NRS 676A.610 - Agreement voidable by individual in certain circumstances.
NRS 676A.620 - Provider may terminate agreement for nonpayment.
NRS 676A.630 - Provider to provide accounting periodically and upon request; retention of records.
NRS 676A.700 - Prohibited acts.
NRS 676A.710 - Provider to notify Commissioner of civil actions.
NRS 676A.720 - Provider liable for conduct of person to whom it delegates duties.
NRS 676A.740 - Commissioner to enforce chapter; penalties.
NRS 676A.750 - Suspension, revocation or denial of renewal of registration by Commissioner.
NRS 676A.760 - Civil remedies.
NRS 676A.770 - Violation constitutes deceptive trade practice.