NAC649.081. Preparation and submission of trust account statements and reports of financial standing.  


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  • Each collection agency and foreign collection agency shall provide to the Commissioner of Financial Institutions, annually and before renewal of its license or certificate, as applicable, a copy of all trust account statements and a report of its financial standing which must be prepared by a licensed certified public accountant who is in good standing in the state where the report is prepared.

     (Added to NAC by Comm’r of Financial Institutions by R111-06, eff. 6-28-2006)