Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter676A Debt-Management Services |
REGISTRATION OF PROVIDERS |
NAC676A.140. Extension and reinstatement after expiration.
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1. A provider may continue to provide debt-management services after the expiration of the provider’s registration issued pursuant to chapter 676A of NRS if:
(a) The provider ceases to be registered solely due to the expiration of the provider’s registration;
(b) Not later than 10 days after the date the registration expires, the provider submits to the Commissioner a request for an extension; and
(c) Not later than 30 days after the provider requests the extension, the provider submits all fees, documents and information required by the Commissioner for reinstatement of the registration.
2. The Commissioner will not reinstate a registration that has expired if a provider:
(a) Has failed to request an extension; or
(b) Requested an extension but failed to submit all fees, documents and information required by the Commissioner pursuant to paragraph (c) of subsection 1 and the Commissioner did not grant another extension.
3. If the Commissioner does not reinstate a registration pursuant to subsection 2, the provider must apply for and be issued a new registration before the provider may provide debt-management services.
4. It is the duty of the registered provider to renew in a timely manner a registration issued pursuant to this chapter and chapter 676A of NRS. A lack of notice from the Division to any person concerning the expiration of a registration or the need to renew a registration is not a justification or excuse for the failure of the person to renew a registration in a timely manner and does not constitute grounds for the waiver of any of the requirements of this chapter or chapter 676A of NRS.
(Added to NAC by Comm’r of Financial Institutions by R050-10, eff. 10-15-2010)