Nevada Administrative Code
Chapter 649 - Collection Agencies
Section 649.Sec. 4.1 - NEW
Universal Citation: NV Admin Code 649.Sec. 4.1
Current through September 16, 2024
"Principal place of business" means the physical location of a collection agency where:
1. The compliance manager of the collection agency performs his or her required functions and duties as prescribed by NRS 649.035, as amended by section 16 of Senate Bill No. 276, chapter 534, Statutes of Nevada 2023, at page 3593, and NAC 649.210;
2. The officers and members of senior management of the collection agency:
(a)
Direct, control and coordinate the business activities of the collection
agency; and
(b) Oversee the daily
operations of the collection agency; and
3. The books and records of the collection agency are maintained.
Added to NAC by Comm'r of Financial Institutions by R097-23A, eff. 6/5/2024
NRS 649.053
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