Nevada Administrative Code
Chapter 649 - Collection Agencies
LICENSING AND CERTIFICATION
Section 649.120 - Collection agencies: Fees
Universal Citation: NV Admin Code 649.120
Current through February 27, 2024
1. An application for licensure as a collection agency must be accompanied by a nonrefundable application fee of $375.
2. The applicant must pay an additional application fee of $300 for each original license issued, of which not more than $150 may be refunded by the Commissioner of Financial Institutions on a prorated basis if:
(a) The applicant withdraws his or her application before the Commissioner takes action on the application;
(b) The Commissioner deems the application withdrawn pursuant to NRS NRS 649.196 because the applicant did not submit all required information and fees within the time specified; or
(c) The licensee surrenders his or her license during his or her first year of licensure.
3. A collection agency shall pay the following fees:
(a) To renew a license, $375;
(b) For a duplicate license or a license for a transfer of location, $15;
(c) For each application for a permit to operate a branch office of a licensed collection agency, $190; and
(d) To renew a permit to operate a branch office of a licensed collection agency, $150.
Added to NAC by Comm'r of Financial Institutions by R111-06, eff. 6-28-2006
NRS 649.053, 649.295
Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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