Nev. Rev. Stat. ch. 675 – Installment Loans | Midpage675.010Short title675.020Definitions675.030Legislative declaration675.035Applicability of chapter675.040Applicability of chapter; exemptions675.045Certain relationships between employees of Division of Financial Institutions and licensees prohibited; termination of prohibited relationship675.050Effect of amendment or repeal of chapter on preexisting lawful contracts675.055Exemption from provisions governing making of loans: Application to Commissioner; grounds; powers and duties of Commissioner; regulations; fees set by regulation675.060Unlicensed dealing in loans prohibited; license required for each office or other place of business; exceptions675.070Application of NRS 675.060 to persons who seek to evade675.090Application for license: Form; contents; requirements when applying for license for office or other place of business located outside State; withdrawal of application675.095Application for license: Additional requirements; grounds for refusal to issue license675.100Fees for application and investigation; regulations675.110Investigation by Commissioner; notice; hearing; order675.120Issuance of license subsequent to findings by Commissioner675.130Required statements on license675.140Expiration, renewal and reinstatement of license; fees; regulations675.150Procedure for denial of license675.160Disposition of money collected pursuant to chapter675.162Commissioner authorized to take action to participate in Registry; charges for use; regulations; provisions do not replace or affect authority of Commissioner regarding licensing675.164Submission and processing of fingerprints675.166Commissioner required to report certain information or material to Registry; confidentiality of information or material provided; Commissioner authorized to enter into certain agreements and arrangements675.168Additional materials required to be submitted to Registry675.169Licensee required to register and maintain unique identifier; Commissioner authorized to issue license through Registry; references to Commissioner deemed references to Registry675.170Regulations and orders of Commissioner675.180Licensee to maintain minimum assets675.190Posting of licenses675.200Transferability or assignability of license675.210Places of business maintainable by licensee under license; issuance of more than one license to licensee; exceptions675.220Change of address by licensee: Notice; approval by Commissioner; penalty for failure to provide required notice675.230Restriction on location of business of making loans675.240Name under and place at which business transactable by licensee; loans by mail; accommodations; lending at remote location675.245Use or change of business name; prohibitions675.250Books and accounting records: Practices; preservation; requirements regarding office or other place of business located outside State675.2505Licensee compliance with federal regulations; licensee to maintain information security program and notify Commissioner of notification events675.260Required reports675.280False, misleading or deceptive advertising prohibited675.2805Deceptive trade practices prohibited675.283Notification of breach of security of computerized data system: When required; permissible delay; methods for provision; contents675.284Notification of breach of security of computerized data system: Required notification to Attorney General under certain circumstances675.285Commissioner required to investigate alleged violations of chapter675.296Practices regarding customers who are members of military675.2965Employee authorized to engage in business of lending at remote location if authorized by licensee; written agreement required; requirements for remote location; duties of licensee675.297Data security policy required675.298Printing and storing of physical records at remote location prohibited; representing to person that employee is working at remote location prohibited; exception675.299Review and evaluation of operations required at least annually675.300Insurance as security for loans: Conditions; limitations675.310Collection of loans made outside State675.330Payment 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 chapter675.340Assignment of wages as security invalid675.350Prohibited practices by licensees675.360Duties of licensee675.3605Internet consumer loans: Required provisions; conflicting conditions, stipulations or provisions void and unenforceable675.361Terms of written agreement675.363Calculation of interest; billing cycle675.365Fees and charges675.367Borrower must be given description of rate and computation of interest; notice of increase in rate of interest or change in terms675.369Written statement to borrower; copy of draft or order for payment675.3693Limitation on annual percentage rate675.3695Information required to be provided by licensee675.3697Prohibited practices by licensee675.370License remains effective until expiration, surrender, revocation or suspension675.380Authority of Commissioner to investigate business; free access required675.390Authority of Commissioner to require attendance of witnesses and production of documents675.400Commissioner to examine licensee’s business annually; fee675.410Temporary suspension of license: Conditions; notice; hearing; term of suspension675.420Surrender of license by licensee; surrender as affecting licensee’s liability675.430Order to desist and refrain; action to enjoin violation; appointment and powers of receiver675.440Revocation or suspension of license: Grounds; notice; hearing; order675.445Revocation or suspension of license: Additional grounds675.450Preexisting contracts unaffected by revocation, suspension, expiration or surrender of license675.470Unlicensed dealing in loans675.490Administrative fines