Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter649 Collection Agencies |
LICENSING AND CERTIFICATION |
NAC649.160. Foreign collection agencies: Fees; reinstatement of expired or revoked certificate; transferability of certificate.
-
1. An application for a certificate of registration as a foreign collection agency must be accompanied by an application fee of $500. The Commissioner of Financial Institutions may refund not more than $300 of the fee on a prorated basis if:
(a) The applicant withdraws his or her application before the Commissioner takes action on the application;
(b) The Commissioner withdraws the application because the applicant did not submit all information and fees within the time specified; or
(c) The foreign collection agency surrenders its certificate of registration during its first year of registration.
2. The holder of a certificate of registration as a foreign collection agency must pay a fee of $200 to renew the certificate of registration.
3. A certificate of registration as a foreign collection agency must not be reinstated after it expires or has been revoked by the Commissioner.
4. A certificate of registration as a foreign collection agency is not transferable.
(Added to NAC by Comm’r of Financial Institutions by R111-06, eff. 6-28-2006)