Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter649 Collection Agencies |
CONDUCT OF BUSINESS |
NAC649.270. Depositories used for maintenance of certain separate accounts.
Latest version.
- Each bank or credit union in which a collection agency maintains a separate account for purposes of NRS 649.355 must be insured by the Federal Deposit Insurance Corporation, the National Credit Union Share Insurance Fund or a private insurer approved pursuant to NRS 678.755.
(Added to NAC by Comm’r of Financial Institutions by R111-06, eff. 6-28-2006)