Nevada Administrative Code
Chapter 604A - Deferred Deposit Loans, Short-Term Loans, Title Loans and Check-Cashing Services
OPERATION OF BUSINESS
Section 604A.190 - Required books and records: "Books and accounting records" interpreted

Universal Citation: NV Admin Code 604A.190

Current through February 27, 2024

For the purposes of this chapter and chapter 604A of NRS, the Commissioner interprets the term "books and accounting records" as used in NRS 604A.700 to include, without limitation:

1. A copy of each receipt given by a licensee to a customer pursuant to NRS 604A.460 to 604A.475, inclusive, and 604A.495.

2. A record of each event that increases or decreases a customer's indebtedness to the licensee. The record must include sufficient information to enable the Commissioner to reconcile the amount of the customer's beginning balance with his ending or outstanding balance.

Added to NAC by Comm'r of Financial Institutions by R150-05, eff. 12-29-2005

NRS 604A.300, 604A.700

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