Nevada Administrative Code (Last Updated: January 6, 2015)

NAC649.135. Branch offices: Arrangements required for maintenance of records and trust account.

Latest version.

The Commissioner of Financial Institutions will not issue a permit to operate a branch office in a state other than Nevada until the Commissioner is satisfied that the applicant has made appropriate arrangements for:

1. The storage, maintenance and retention in this State of all records regarding the collection of claims for or from residents of this State; and

2. The maintenance of an account pursuant to NRS 649.355 for the deposit of all money collected for or from residents of this State.

(Added to NAC by Comm’r of Financial Institutions, eff. 6-20-90)—(Substituted in revision for NAC 649.085)

                    
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