Nevada Chapter 675 — Installment Loans

73 sections hosted, reproduced from the official public-domain source.

NRS 675.010— Short title
NRS 675.020— Definitions
NRS 675.030— Legislative declaration
NRS 675.035— Applicability of chapter
NRS 675.040— Applicability of chapter; exemptions. [Effective through December 31, 2029.]
NRS 675.045— Certain relationships between employees of Division of Financial Institutions and licensees prohibited; termination of prohibited relationship
NRS 675.050— Effect of amendment or repeal of chapter on preexisting lawful contracts
NRS 675.055— Exemption from provisions governing making of loans: Application to Commissioner; grounds; powers and duties of Commissioner; regulations; fees set by regulation
NRS 675.060— Unlicensed dealing in loans prohibited; license required for each office or other place of business; exceptions
NRS 675.070— Application of NRS 675.060
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
NRS 675.095— Application for license: Additional requirements; grounds for refusal to issue license
NRS 675.100— Fees for application and investigation; regulations
NRS 675.110— Investigation by Commissioner; notice; hearing; order
NRS 675.120— Issuance of license subsequent to findings by Commissioner
NRS 675.130— Required statements on license
NRS 675.140— Expiration, renewal and reinstatement of license; fees; regulations
NRS 675.150— Procedure for denial of license
NRS 675.160— Disposition of money collected pursuant to chapter
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
NRS 675.164— Submission and processing of fingerprints
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
NRS 675.168— Additional materials required to be submitted to Registry
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
NRS 675.170— Regulations and orders of Commissioner
NRS 675.180— Licensee to maintain minimum assets
NRS 675.190— Posting of licenses
NRS 675.200— Transferability or assignability of license
NRS 675.210— Places of business maintainable by licensee under license; issuance of more than one license to licensee; exceptions
NRS 675.220— Change of address by licensee: Notice; approval by Commissioner; penalty for failure to provide required notice
NRS 675.230— Restriction on location of business of making loans
NRS 675.240— Name under and place at which business transactable by licensee; loans by mail; accommodations; lending at remote location
NRS 675.245— Use or change of business name; prohibitions
NRS 675.250— Books and accounting records: Practices; preservation; requirements regarding office or other place of business located outside State
NRS 675.260— Required reports
NRS 675.280— False, misleading or deceptive advertising prohibited
NRS 675.283— Notification of breach of security of computerized data system: When required; permissible delay; methods for provision; contents
NRS 675.284— Notification of breach of security of computerized data system: Required notification to Attorney General under certain circumstances
NRS 675.285— Commissioner required to investigate alleged violations of chapter
NRS 675.296— Practices regarding customers who are members of military
NRS 675.297— Data security policy required
NRS 675.298— Printing and storing of physical records at remote location prohibited; representing to person that employee is working at remote location prohibited; exception
NRS 675.299— Review and evaluation of operations required at least annually
NRS 675.300— Insurance as security for loans: Conditions; limitations
NRS 675.310— Collection of loans made outside State
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
NRS 675.340— Assignment of wages as security invalid
NRS 675.350— Prohibited practices by licensees
NRS 675.360— Duties of licensee
NRS 675.361— Terms of written agreement
NRS 675.363— Calculation of interest; billing cycle
NRS 675.365— Fees and charges
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
NRS 675.369— Written statement to borrower; copy of draft or order for payment
NRS 675.370— License remains effective until expiration, surrender, revocation or suspension
NRS 675.380— Authority of Commissioner to investigate business; free access required
NRS 675.390— Authority of Commissioner to require attendance of witnesses and production of documents
NRS 675.400— Commissioner to examine licensee’s business annually; fee
NRS 675.410— Temporary suspension of license: Conditions; notice; hearing; term of suspension
NRS 675.420— Surrender of license by licensee; surrender as affecting licensee’s liability
NRS 675.430— Order to desist and refrain; action to enjoin violation; appointment and powers of receiver
NRS 675.440— Revocation or suspension of license: Grounds; notice; hearing; order
NRS 675.445— Revocation or suspension of license: Additional grounds
NRS 675.450— Preexisting contracts unaffected by revocation, suspension, expiration or surrender of license
NRS 675.470— Unlicensed dealing in loans
NRS 675.490— Administrative fines
NRS 675.2505— Licensee compliance with federal regulations; licensee to maintain information security program and notify Commissioner of notification events
NRS 675.2805— Deceptive trade practices prohibited
NRS 675.2965— Employee authorized to engage in business of lending at remote location if authorized by licensee; written agreement required; requirements for remote location; duties of licensee
NRS 675.3605— Internet consumer loans: Required provisions; conflicting conditions, stipulations or provisions void and unenforceable
NRS 675.3693— Limitation on annual percentage rate
NRS 675.3695— Information required to be provided by licensee
NRS 675.3697— Prohibited practices by licensee