Title 52

NRS 604A.5092 Prohibited acts by licensee: Improper practices; deceptive trade practices; using agent, affiliate or subsidiary to avoid requirements or prohibitions of chapter. A licensee who operates a check-cashing service shall not: 1. Take any confession of judgment or any po…

NRS 604A.5094 Limitations on fees licensee may collect for check not paid upon presentment or failure of electronic transfer of money; standards for civil liability and criminal prosecution. 1. A licensee who operates a check-cashing service may collect a fee of not more than $25…

NRS 604A.510 Short title. The provisions of NRS 604A.510 to 604A.598, inclusive, may be cited as the Payday Lender Best Practices Act. (Added to NRS by 2015, 1144)

NRS 604A.515 Applicability. 1. In addition to the requirements of any other provision of this chapter, or any applicable law or regulation of this State or federal law or regulation, a licensee who has been issued one or more licenses to operate a deferred deposit loan service, h…

NRS 604A.570 Required disclosures. 1. A licensee who has been issued a license to operate a deferred deposit loan service pursuant to this chapter shall comply with the disclosure requirements of NRS 604A.405 and the Federal Truth in Lending Act. A loan agreement between such a l…

NRS 604A.571 Prohibited fees. A licensee who has been issued a license to operate a deferred deposit loan service pursuant to this chapter shall not charge a fee for providing deferred deposit loan services that is prohibited by an applicable law or regulation of this State or fe…

NRS 604A.572 Prohibited advertisements. A licensee who has been issued a license to operate a deferred deposit loan service pursuant to this chapter shall comply with the provisions of subsection 6 of NRS 604A.5021 prohibiting advertisements that are false, misleading or deceptiv…

NRS 604A.573 Required notices. A licensee who has been issued a license to operate a deferred deposit loan service pursuant to this chapter shall place the following notices on marketing materials and television, print, radio and Internet advertising when space or time reasonably…

NRS 604A.574 Limitations on extended term of loans. A licensee who has been issued a license to operate a deferred deposit loan service pursuant to this chapter shall not allow a customer to extend, rollover, renew, refinance or consolidate any deferred deposit loan for a period …

NRS 604A.575 Rescission of loan by customer. A licensee who has been issued a license to operate a deferred deposit loan service pursuant to this chapter shall provide each customer with the ability to rescind any deferred deposit loan in accordance with the provisions of NRS 604…

NRS 604A.576 Collection of past due accounts; prohibited acts. A licensee who has been issued a license to operate a deferred deposit loan service pursuant to this chapter must collect past due accounts in a professional, fair and lawful manner in accordance with the provisions o…

NRS 604A.577 Reporting violations of chapter. A licensee who has been issued a license to operate a deferred deposit loan service pursuant to this chapter shall report to the Commissioner any person the licensee knows, or reasonably should know, is in violation of the provisions …

NRS 604A.578 Certain licensees required to offer repayment plan. A licensee who has been issued a license to operate a deferred deposit loan service pursuant to this chapter shall provide to any customer who is unable to repay a deferred deposit loan in accordance with the loan a…

NRS 604A.579 Licensee offering services through Internet website required to comply with applicable laws. A licensee that offers deferred deposit loan services through an Internet website must be licensed in each state, as applicable, where any of its customers reside and shall c…

NRS 604A.580 Required disclosures. 1. A licensee who has been issued a license to operate a high-interest loan service pursuant to this chapter shall comply with the disclosure requirements of NRS 604A.405 and the Federal Truth in Lending Act. A loan agreement between such a lice…

NRS 604A.581 Prohibited fees. A licensee who has been issued a license to operate a high-interest loan service pursuant to this chapter shall not charge a fee for providing high-interest loan services that is prohibited by an applicable law or regulation of this State or federal …

NRS 604A.582 Prohibited advertisements. A licensee who has been issued a license to operate a high-interest loan service pursuant to this chapter shall comply with the provisions of subsection 6 of NRS 604A.5049 prohibiting advertisements that are false, misleading or deceptive w…

NRS 604A.583 Required notices. A licensee who has been issued a license to operate a high-interest loan service pursuant to this chapter shall place the following notices on marketing materials and television, print, radio and Internet advertising when space or time reasonably pe…

NRS 604A.584 Limitations on extended term of loans. A licensee who has been issued a license to operate a high-interest loan service pursuant to this chapter shall not allow a customer to extend, rollover, renew, refinance or consolidate any high-interest loan for a period longer…

NRS 604A.585 Rescission of loan by customer. A licensee who has been issued a license to operate a high-interest loan service pursuant to this chapter shall provide each customer with the ability to rescind any high-interest loan in accordance with the provisions of NRS 604A.505.…

NRS 604A.586 Collection of past due accounts; prohibited acts. A licensee who has been issued a license to operate a high-interest loan service pursuant to this chapter must collect past due accounts in a professional, fair and lawful manner in accordance with the provisions of N…

NRS 604A.587 Reporting violations of chapter. A licensee who has been issued a license to operate a high-interest loan service pursuant to this chapter shall report to the Commissioner any person the licensee knows, or reasonably should know, is in violation of the provisions of …

NRS 604A.588 Certain licensees required to offer repayment plan. A licensee who has been issued a license to operate a high-interest loan service pursuant to this chapter shall provide to any customer who is unable to repay a high-interest loan in accordance with the loan agreeme…

NRS 604A.589 Licensee offering services through Internet website required to comply with applicable laws. A licensee that offers high-interest loan services through an Internet website must be licensed in each state, as applicable, where any of its customers reside and shall comp…

NRS 604A.590 Required disclosures. 1. A licensee who has been issued a license to operate a title loan service pursuant to this chapter shall comply with the disclosure requirements of NRS 604A.405 and the Federal Truth in Lending Act. A loan agreement between such a licensee and…

NRS 604A.591 Prohibited fees. A licensee who has been issued a license to operate a title loan service pursuant to this chapter shall not charge a fee for providing title loan services that is prohibited by an applicable law or regulation of this State or federal law or regulatio…

NRS 604A.592 Prohibited advertisements. A licensee who has been issued a license to operate a title loan service pursuant to this chapter shall comply with the provisions of subsection 6 of NRS 604A.5072 prohibiting advertisements that are false, misleading or deceptive with rega…

NRS 604A.593 Required notices. A licensee who has been issued a license to operate a title loan service pursuant to this chapter shall place the following notices on marketing materials and television, print, radio and Internet advertising when space or time reasonably permits: 1…

NRS 604A.594 Rescission of loan by customer. A licensee who has been issued a license to operate a title loan service pursuant to this chapter shall provide each customer with the ability to rescind any title loan in accordance with the provisions of NRS 604A.5079. (Added to NRS …

NRS 604A.595 Collection of past due accounts; prohibited acts. A licensee who has been issued a license to operate a title loan service pursuant to this chapter must collect past due accounts in a professional, fair and lawful manner in accordance with the provisions of NRS 604A.…

NRS 604A.596 Reporting violations of chapter. A licensee who has been issued a license to operate a title loan service pursuant to this chapter shall report to the Commissioner any person the licensee knows, or reasonably should know, is in violation of the provisions of this cha…

NRS 604A.597 Certain licensees required to offer repayment plan. A licensee who has been issued a license to operate a title loan service pursuant to this chapter shall provide to any customer who is unable to repay a title loan in accordance with the loan agreement between the l…

NRS 604A.598 Licensee offering services through Internet website required to comply with applicable laws. A licensee that offers title loan services through an Internet website must be licensed in each state, as applicable, where any of its customers reside and shall comply with …

NRS 604A.5983 Prohibited annual percentage rates. A licensee who makes a loan that constitutes consumer credit to a covered service member or his or her dependent shall not charge the covered service member or dependent an annual percentage rate with respect to the loan except as…

NRS 604A.5985 Required disclosures. 1. Before making a loan that constitutes consumer credit to a covered service member or a dependent of a covered service member, a licensee shall provide the following information to the covered service member or the dependent of a covered serv…

NRS 604A.5987 Prohibited terms of consumer credit to covered service member. A licensee shall not make a loan that constitutes consumer credit to a covered service member or a dependent of a covered service member with respect to which: 1. The licensee extends, rolls over, renews…

NRS 604A.600 Application for license. 1. An application for a license pursuant to the provisions of this chapter must be made in writing, under oath and on a form prescribed by the Commissioner. The application must include: (a) If the applicant is a natural person, the name and …

NRS 604A.605 Additional materials to be submitted with application; grounds for denial of license. 1. In addition to any other requirements set forth in this chapter, each applicant must submit proof satisfactory to the Commissioner that the applicant: (a) Has a good reputation f…

NRS 604A.610 Surety bond. 1. Except as otherwise provided in NRS 604A.615, each application for a license pursuant to the provisions of this chapter must be accompanied by a surety bond payable to the State of Nevada in the amount of $50,000 plus an additional $5,000 for each bra…

NRS 604A.615 Deposit of securities in lieu of surety bond. 1. In lieu of any surety bond, or any portion of the principal sum thereof as required pursuant to the provisions of this chapter, a licensee may deposit with the State Treasurer or with any bank, credit union or trust co…

NRS 604A.620 Application for license for office or other place of business located outside State. 1. A person may apply for a license for an office or other place of business located outside this State from which the applicant will conduct business in this State if the applicant …

NRS 604A.625 Investigation of applicant; notice; hearing; order. 1. Upon the filing of the application and the payment of the fees required pursuant to NRS 604A.600, the Commissioner shall investigate the facts concerning the application and the requirements provided for in NRS 6…

NRS 604A.630 Procedure upon denial of license. If the Commissioner finds that any applicant does not possess the requirements specified in this chapter, he or she shall: 1. Enter an order denying the application and notify the applicant of the denial. 2. Within 10 days after the …

NRS 604A.635 Issuance of license; display of license; issuance of additional licenses for branch locations; contents of license; license not transferable or assignable. 1. The Commissioner shall enter an order granting an application if he or she finds that: (a) The financial res…

NRS 604A.640 Expiration, renewal and reinstatement of license; fees. 1. A license issued pursuant to the provisions of this chapter expires annually on December 31, unless it is renewed. To renew a license, a licensee must submit to the Commissioner on or after November 1 and on …

NRS 604A.645 Change of control of licensee: Notice; application to Commissioner. 1. A licensee shall immediately notify the Commissioner of any change of control of the licensee. 2. A person who acquires stock, partnership or member interests resulting in a change of control of t…