Title 54

NRS 645H.330 Records: Certain records relating to complaint or investigation deemed confidential; certain records relating to disciplinary action deemed public records. 1. Except as otherwise provided in this section and NRS 645H.320, a complaint filed with the Division, all docu…

NRS 645H.350 Deposit of certain fees and administrative fines; financial support of Division. 1. Except as otherwise provided in NRS 645H.365, all fees and administrative fines received by the Division pursuant to this chapter must be deposited with the State Treasurer for credit…

NRS 645H.360 Disposition of money collected. If the Division imposes an administrative fine or collects a fee for registering an asset management company or issuing or renewing a permit to an asset manager, the Division shall deposit the amount collected with the State Treasurer …

NRS 645H.365 Technology Account for Chapter 645H of NRS. 1. The Technology Account for Chapter 645H of NRS is hereby created in the State General Fund. The Administrator shall administer the Account. 2. The interest and income earned on the money in the Account, after deducting a…

NRS 645H.370 Duties of Attorney General. 1. The Attorney General shall render to the Division opinions upon questions of law relating to the construction or interpretation of this chapter, or arising in the administration thereof, submitted to the Attorney General by the Division…

NRS 645H.480 Certificate of registration: Application; fee; issuance. 1. A person who wishes to be registered as an asset management company in this State must file a written application with the Division upon a form prepared and furnished by the Division and pay the fee required…

NRS 645H.490 Certificate of registration: Maintenance of insurance or acting as self-insurer; minimum limits of liability; proof. 1. Before issuing any certificate of registration or annual renewal thereof, the Division shall require satisfactory proof that the asset management c…

NRS 645H.500 Certificate of registration: Expiration; renewal. A certificate of registration issued pursuant to this chapter expires each year on the date of its issuance, unless it is renewed. To renew the certificate of registration, the registrant must submit to the Division o…

NRS 645H.510 Asset management company that is not natural person required to designate natural person as qualified employee. 1. If an asset management company is not a natural person, the company must designate a natural person as a qualified employee to act on behalf of the asse…

NRS 645H.520 Authorized services of asset management company; manner in which asset management company may dispose of certain personal property; resolution of disputes. 1. Subject to the provisions of NRS 645H.770, the services an asset management company may provide include, wit…

NRS 645H.530 Permit to engage in asset management: Application; fees. 1. A person in this State who is employed or independently contracted as an asset manager by an asset management company shall apply to the Division for a permit to engage in asset management and pay a fee of $…

NRS 645H.540 Permit to engage in asset management: Expiration and renewal. 1. A permit issued pursuant to NRS 645H.530 expires 1 year after the date of issuance, unless it is renewed. To renew the permit, the registrant must submit to the Division on or before the date of expirat…

NRS 645H.550 Payment of child support: Submission of certain information by applicant; grounds for denial of certificate of registration or permit; duty of Division. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish proc…

NRS 645H.560 Fees. 1. A person must pay the following fees for the issuance or renewal of a certificate of registration as an asset management company: (a) For the issuance of a certificate of registration, an application fee of $2,000 for the principal office and a fee of $500 f…

NRS 645H.670 Authority of Administrator to conduct certain investigations; authority of Division to take certain disciplinary actions. 1. The Administrator may investigate the actions of any asset management company or asset manager or any person who acts in any such capacity wit…

NRS 645H.680 Hearing officers. In any proceeding pursuant to this chapter, the Administrator may appoint hearing officers from the Department of Business and Industry who shall act as his or her agents and conduct any hearing or investigation which may be conducted by the Adminis…

NRS 645H.690 Service of process: Irrevocable consent; effect of failure to file consent; method; use; effect on continuances. 1. An applicant for a certificate of registration pursuant to NRS 645H.480 or a permit pursuant to NRS 645H.530 shall file with the Division, on a form pr…

NRS 645H.700 Authorized disciplinary action; grounds; maintenance of log of certain complaints; orders imposing discipline deemed public records. 1. The Division may require an asset management company or asset manager to pay an administrative fine of not more than $10,000 for ea…

NRS 645H.705 Administrative fine for engaging in certain conduct without certificate of registration, permit or other authorization; procedure for imposition of fine; judicial review; exceptions. 1. In addition to any other remedy or penalty, the Division may impose an administra…

NRS 645H.710 Disciplinary or other action for failure to pay money owed to Division. In addition to any other remedy or penalty, the Division may: 1. Refuse to issue a certificate of registration or permit to a person who has failed to pay any money which the person owes to the D…

NRS 645H.720 Suspension of certificate of registration or permit for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of certificate of registration or permit. [Effective until 2 years after the date of the repeal of 42 U.S.C. § 666, the fe…

NRS 645H.730 Knowledge of associate or employer of violation by asset management company or asset manager; penalties. 1. Any unlawful act or violation of any of the provisions of this chapter by any asset management company or asset manager is not cause to suspend, revoke or deny…

NRS 645H.740 Expiration, revocation or surrender of certificate of registration or permit does not prohibit disciplinary action against holder of certificate of registration or permit. The expiration or revocation of a certificate of registration or permit by operation of law or …

NRS 645H.750 Duty to report certain convictions and pleas to Division. 1. An asset management company that is a natural person or an asset manager shall notify the Division in writing if he or she is convicted of, or enters a plea of guilty, guilty but mentally ill or nolo conten…

NRS 645H.760 Unlawful to engage in certain conduct without certificate of registration or permit; penalty. 1. It is unlawful for any person, limited-liability company, partnership, association or corporation to engage in the business of, act in the capacity of, advertise or assum…

NRS 645H.770 Unlawful acts; penalty. 1. It is unlawful for an asset management company or an asset manager or other employee, director, officer or agent of an asset management company to: (a) Unless the asset management company is acting pursuant to a court order, evict a real pr…

NRS 646.002 Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 646.006 and 646.010 have the meanings ascribed to them in those sections. (Added to NRS by 1997, 2545)

NRS 646.006 “Motor vehicle” defined. “Motor vehicle” means any self-propelled vehicle that is used upon a highway, but not operated on rails, for the purpose of transporting persons or property. The term does not include electric personal assistive mobility devices as defined in …

NRS 646.010 “Pawnbroker” defined. “Pawnbroker” means every person engaged, in whole or in part, in the business of loaning money on the security of pledges, deposits or other secured transactions in personal property. [1911 C&P § 206; RL § 6471; NCL § 10154]—(NRS A 1965, 944; 199…

NRS 646.020 Record of transactions required to be maintained by pawnbroker; certificate of right to pledge or sell property; inspection of record and goods. 1. Every pawnbroker doing business in any incorporated city or unincorporated town in this State shall maintain in his or h…

NRS 646.030 Reports of transactions and suspected stolen property to sheriffs and chiefs of police. 1. Every pawnbroker doing business in any unincorporated town shall, before 12 m. of each day, furnish in duplicate to the sheriff of the county a full, true and correct transcript…

NRS 646.040 Retention and removal of property received in pledge. No property received in pledge by a pawnbroker may be removed from his or her place of business after the receipt of the property is reported to the sheriff or the chief of police as provided in this chapter, unles…

NRS 646.045 Retention and removal of motor vehicles received in pledge. 1. A pawnbroker who receives a motor vehicle in pledge as security for a loan pursuant to NRS 646.050 may remove the motor vehicle from his or her place of business to a place used by the pawnbroker for the s…

NRS 646.047 Peace officer may place written hold on property received in pledge; procedure for peace officer to obtain custody of property; limitations on disposal of property; duties of peace officer and pawnbroker concerning property; immunity. 1. A peace officer who is involve…

NRS 646.050 Rate of interest; period for redemption; printed receipts; charge for storage of motor vehicle. 1. A pawnbroker may charge and receive interest at the rate of 13 percent a month for money loaned on the security of personal property actually received in pledge, and a p…

NRS 646.060 Prohibited acts; penalty. A pawnbroker, and a clerk, agent or employee of a pawnbroker, is guilty of a misdemeanor if he or she: 1. Fails to make an entry of any material matter in a book or record kept as provided for in NRS 646.020. 2. Makes a false entry in the boo…

NRS 647.010 Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 647.011 to 647.0187, inclusive, have the meanings ascribed to them in those sections. [1:22:1921; NCL § 3720]—(NRS A 1971, 931; 1991, 788; 1997, 2548; 2009,…

NRS 647.011 “Advertise” defined. “Advertise” includes the use of any newspaper, magazine or other publication, letter, sign, card or other printed matter, radio or television transmission or any other method to bring to the attention of the public that a person is engaged in the …

NRS 647.012 “Antique” defined. “Antique” means a unique object of personal property that is not less than 60 years old and has special value primarily because of its age. (Added to NRS by 1997, 2547)

NRS 647.013 “Collectible” defined. “Collectible” means an object of personal property that has special value primarily because of its unique characteristics and the high level of demand for the object. (Added to NRS by 1997, 2547)

NRS 647.015 “Junk” defined. “Junk” includes old iron, copper, brass, lead, zinc, tin, steel and other metals, metallic cables, wires, ropes, cordage, bottles, bagging, rags, rubber, paper, and all other secondhand, used or castoff articles or material of any kind, but does not in…

NRS 647.016 “Junk dealer” defined. “Junk dealer” means every person, firm or corporation engaged in the business of purchasing or selling hides or junk, other than used books. (Added to NRS by 1997, 2547; A 1999, 2546)

NRS 647.0165 “Permanently marked” defined. “Permanently marked” means prominently engraved, etched, welded, metal-stamped, acid-marked or otherwise permanently displayed using a similarly reliable method of imparting a lasting mark on the exterior case of a used catalytic convert…

NRS 647.017 “Scrap metal” defined. 1. “Scrap metal” means nonferrous metals, scrap iron, stainless steel or other material or equipment which consists in whole or in part of metal and which is used in construction, agricultural operations, electrical power generation, transmissio…

NRS 647.0172 “Scrap metal processor” defined. “Scrap metal processor” means any person who: 1. Engages in the business of purchasing, trading, bartering or otherwise receiving scrap metal, used utility wire or used catalytic converters; or 2. Uses machinery and equipment for proc…

NRS 647.018 “Secondhand dealer” defined. 1. “Secondhand dealer” means any person engaged in whole or in part in the business of buying and selling metal junk, melted metals or secondhand personal property, other than antiques, used books, coins and collectibles. 2. The term does …