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 this chapter within 30 days after the date the licensee knows, or reasonably should know, of the violation.
NRS 604A.587
Reporting violations of chapter
Known as the Payday Lender Best Practices Act
The act spans §§ 604–604 (176 sections).
(Added to NRS by 2015, 1145)—(Substituted in revision for part of NRS 604A.555)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.