Nevada Administrative Code
Chapter 604d - NEW
Section 604d.Sec. 10 - NEW

Universal Citation: NV Admin Code 604d.Sec. 10

Current through September 16, 2024

1. In addition to the information required by section 28 of Senate Bill No. 290, chapter 400, Statutes of Nevada 2023, at page 2405 (NRS 604D.500), a report submitted by a licensee pursuant to that section must include:

(a) The total number of fees paid by users and the total value of fees paid by users in this State in the immediately preceding year;

(b) The total number of fees for expedited delivery of proceeds paid by users and the total value of such fees paid by users in this State in the immediately preceding year;

(c) The total number of users who have outstanding proceeds at the time of reporting and the total value of such outstanding proceeds;

(d) The total number of requests for reimbursement of overdraft or non-sufficient funds fees in this State in the immediately preceding year;

(e) In cases where the licensee is seeking repayment of outstanding proceeds, the total number of reimbursed overdraft or non-sufficient funds fees in this State and the total value of reimbursed overdraft or non-sufficient funds fees in this State in the immediately preceding year;

(f) The total number of users with zero fees or charges; and

(g) The total number of voluntary tips, gratuities or donations received and the total value of such voluntary tips, gratuities or donations received.

2. The information required by this section does not restrict the Commissioner from requesting additional information during an examination or investigation, including, without limitation, a full listing of all users in this State and associated information for such users.

3. If audited financial statements are not available before April 15 and a licensee submits unaudited financial statements on or before April 15, the licensee shall submit audited financial statements to the Division of Financial Institutions of the Department of Business and Industry on or before June 30 of the same year, unless the licensee requests an extension and the Commissioner grants such an extension for good cause.

Added by R096-23A, eff. 7/1/2024

sections 28 and 32 of Senate Bill No. 290, chapter 400, Statutes of Nevada 2023, at pages 2405 and 2407, respectively (NRS 604D.180, 604D.500)

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