reglab/housing_qa huggingface dataset:
NV Rev Stat § 604A.605 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.605 - Additional materials to be submitted with application; grounds for denial of license.

  1. In addition to any other requirements set forth in this chapter, each applicant must submit:  (a) Proof satisfactory to the Commissioner that the applicant:  (1) Has a good reputation for honesty, trustworthiness and integrity and is competent to transact the business for which the applicant seeks to be licensed in a manner which protects the interests of the general public.  (2) Has not made a false statement of material fact on the application for the license.  (3) Has not committed any of the acts specified in subsection 2.  (4) Has not had a license issued pursuant to this chapter suspended or revoked within the 10 years immediately preceding the date of the application.  (5) Has not been convicted of, or entered a plea of nolo contendere to, a felony or any crime involving fraud, misrepresentation or moral turpitude.  (6) If the applicant is a natural person:  (I) Is at least 21 years of age; and  (II) Is a citizen of the United States or lawfully entitled to remain and work in the United States.  (b) A complete set of his or her fingerprints and written permission authorizing the Division of Financial Institutions of the Department of Business and Industry to forward the fingerprints to the Central Repository for Nevada Records of Criminal History for submission to the Federal Bureau of Investigation for its report.  2. In addition to any other lawful reasons, the Commissioner may refuse to issue a license to an applicant if the applicant:  (a) Has committed or participated in any act which, if committed or done by a holder of a license, would be grounds for the suspension or revocation of the license.  (b) Has previously been refused a license pursuant to this chapter or has had such a license suspended or revoked.  (c) Has participated in any act which was a basis for the refusal or revocation of a license pursuant to this chapter.  (d) Has falsified any of the information submitted to the Commissioner in support of the application for the license.  (Added to NRS by 2005, 1702; A 2005, 22nd Special Session, 99)
NV Rev Stat § 604A.610 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.610 - Surety bond.

  1. Except as otherwise provided in NRS 604A.615, each application for a license pursuant to the provisions of this chapter must be accompanied by a surety bond payable to the State of Nevada in the amount of $50,000 plus an additional $5,000 for each branch location at which the applicant proposes to do business under the license. Thereafter, each licensee shall maintain the surety bond so that the amount of the surety bond is $50,000 plus an additional $5,000 for each branch location at which the licensee does business under the license. The surety bond required by this section is for the use and benefit of any customer receiving the services of the licensee at any location at which the licensee does business under the license.  2. Each bond must be in a form satisfactory to the Commissioner, issued by a bonding company authorized to do business in this State and must secure the faithful performance of the obligations of the licensee respecting the provision of the services.  3. A licensee shall, within 10 days after the commencement of any action or notice of entry of any judgment against the licensee by any creditor or claimant arising out of business regulated by this chapter give notice thereof to the Commissioner by certified mail with details sufficient to identify the action or judgment. The surety shall, within 10 days after it pays any claim or judgment to a creditor or claimant, give notice thereof to the Commissioner by certified mail with details sufficient to identify the creditor or claimant and the claim or judgment so paid.  4. Whenever the principal sum of any bond is reduced by recoveries or payments thereon, the licensee shall furnish:  (a) A new or additional bond so that the total or aggregate principal sum of the bonds equals the sum required pursuant to subsection 1; or  (b) An endorsement, duly executed by the surety, reinstating the bond to the required principal sum.  5. The liability of the surety on a bond to a creditor or claimant is not affected by any misrepresentation, breach of warranty, failure to pay a premium or other act or omission of the licensee, or by any insolvency or bankruptcy of the licensee.  6. The liability of the surety continues as to all transactions entered into in good faith by the creditors and claimants with the agents of the licensee within 30 days after:  (a) The death of the licensee or the dissolution or liquidation of his or her business; or  (b) The termination of the bond,  whichever event occurs first.  7. A licensee or his or her surety shall not cancel or alter a bond except after notice to the Commissioner by certified mail. The cancellation or alteration is not effective until 10 days after receipt of the notice by the Commissioner. A cancellation or alteration does not affect any liability incurred or accrued on the bond before the expiration of the 30-day period designated in subsection 6.  (Added to NRS by 2005, 1700; A 2005, 22nd Special Session, 97)
NV Rev Stat § 604A.615 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.615 - Deposit of securities in lieu of surety bond.

  1. In lieu of any surety bond, or any portion of the principal sum thereof as required pursuant to the provisions of this chapter, a licensee may deposit with the State Treasurer or with any bank, credit union or trust company authorized to do business in this State as the licensee may select, with the approval of the Commissioner:  (a) Interest-bearing stocks;  (b) Bills, bonds, notes, debentures or other obligations of the United States or any agency or instrumentality thereof, or guaranteed by the United States; or  (c) Any obligation of this State or any city, county, town, township, school district or other instrumentality of this State or guaranteed by this State,  in an aggregate amount, based upon principal amount or market value, whichever is lower, of not less than the amount of any required surety bond or portion thereof.  2. The securities must be held to secure the same obligation as would any surety bond, but the depositor may receive any interest or dividends and, with the approval of the Commissioner, substitute other suitable securities for those deposited.  (Added to NRS by 2005, 1700; A 2005, 22nd Special Session, 98)
NV Rev Stat § 604A.620 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.620 - Application for license for office or other place of business located outside State.

  1. A person may apply for a license for an office or other place of business located outside this State from which the applicant will conduct business in this State if the applicant or a subsidiary or affiliate of the applicant has a license issued pursuant to this chapter for an office or other place of business located in this State and if the applicant submits with the application for a license a statement signed by the applicant which states that the applicant agrees to:  (a) Make available at a location within this State the books, accounts, papers, records and files of the office or place of business located outside this State to the Commissioner or a representative of the Commissioner; or  (b) Pay the reasonable expenses for travel, meals and lodging of the Commissioner or a representative of the Commissioner incurred during any investigation or examination made at the office or place of business located outside this State.  The person must be allowed to choose between the provisions of paragraph (a) or (b) in complying with the provisions of this subsection.  2. This section applies, without limitation, to any office or other place of business located outside this State from which the applicant will conduct business in this State at a kiosk, through the Internet, through any telephone, facsimile machine or other telecommunication device or through any other machine, network, system, device or means, except that the applicant shall not conduct business in this State through any automated loan machine prohibited by NRS 604A.400.  (Added to NRS by 2005, 1701)
NV Rev Stat § 604A.625 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.625 - Investigation of applicant; notice; hearing; order.

  1. Upon the filing of the application and the payment of the fees required pursuant to NRS 604A.600, the Commissioner shall investigate the facts concerning the application and the requirements provided for in NRS 604A.605 and 604A.635.  2. The Commissioner may hold a hearing on the application at a time not less than 30 days after the date the application was filed or not more than 60 days after that date. The hearing must be held in the Office of the Commissioner or such other place as the Commissioner may designate. Notice in writing of the hearing must be sent to the applicant and to any licensee to which a notice of the application has been given and to such other persons as the Commissioner may see fit, at least 10 days before the date set for the hearing.  3. The Commissioner shall make his or her order granting or denying the application within 10 days after the date of the closing of the hearing, unless the period is extended by written agreement between the applicant and the Commissioner.  (Added to NRS by 2005, 1701)
NV Rev Stat § 604A.630 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.630 - Procedure upon denial of license.

If the Commissioner finds that any applicant does not possess the requirements specified in this chapter, he or she shall:  1. Enter an order denying the application and notify the applicant of the denial.  2. Within 10 days after the entry of such an order, file his or her findings and a summary of the evidence supporting those findings and deliver a copy thereof to the applicant.  (Added to NRS by 2005, 1702)
NV Rev Stat § 604A.635 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.635 - Issuance of license; display of license; issuance of additional licenses for branch locations; contents of license; license not transferable or assignable.

  1. The Commissioner shall enter an order granting an application if he or she finds that:  (a) The financial responsibility, experience, character and general fitness of the applicant are such as to command the confidence of the public and to warrant belief that the business will be operated lawfully, honestly, fairly and efficiently; and  (b) The applicant has satisfied the requirements set forth in NRS 604A.605.  2. If the Commissioner grants an application, the Commissioner shall:  (a) File his or her findings of fact together with the transcript of any hearing held pursuant to the provisions of this chapter; and  (b) Issue to the licensee a license in such form and size as is prescribed by the Commissioner for each location at which the licensee proposes to do business.  3. Each licensee shall prominently display his or her license at the location where he or she does business. The Commissioner may issue additional licenses to the same licensee for each branch location at which the licensee is authorized to operate under the license, including, without limitation, each branch location where the licensee is authorized to operate at a kiosk, through the Internet, through any telephone, facsimile machine or other telecommunication device or through any other machine, network, system, device or means, except that the Commissioner shall not issue any license that would authorize the licensee to operate through any automated loan machine prohibited by NRS 604A.400. Nothing in this subsection requires a license for any place of business devoted to accounting, recordkeeping or administrative purposes only.  4. Each license must:  (a) State the address at which the business is to be conducted; and  (b) State fully:  (1) The name and address of the licensee;  (2) If the licensee is a copartnership or association, the names of its members; and  (3) If the licensee is a corporation, the date and place of its incorporation.  5. A license is not transferable or assignable.  (Added to NRS by 2005, 1702)
NV Rev Stat § 604A.640 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.640 - Expiration, renewal and reinstatement of license; fees.

  1. A license issued pursuant to the provisions of this chapter expires annually on the anniversary of the issuance of the license. A licensee must renew the license on or before the date on which the license expires by paying:  (a) A renewal fee of not more than $500; and  (b) An additional fee of not more than $100 for each branch location at which the licensee is authorized to operate under the license.  2. A licensee who fails to renew his or her license within the time required by this section is not licensed pursuant to the provisions of this chapter.  3. The Commissioner may reinstate an expired license upon receipt of the renewal fee and a fee for reinstatement.  4. The Commissioner shall adopt regulations establishing the amount of the fees required pursuant to this section.  (Added to NRS by 2005, 1703; A 2005, 22nd Special Session, 100)
NV Rev Stat § 604A.645 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.645 - Change of control of licensee: Notice; application to Commissioner.

  1. A licensee shall immediately notify the Commissioner of any change of control of the licensee.  2. A person who acquires stock, partnership or member interests resulting in a change of control of the licensee shall apply to the Commissioner for approval of the transfer. The application must contain information which shows that the requirements for obtaining a license pursuant to the provisions of this chapter will be satisfied after the change of control. If the Commissioner determines that those requirements will not be satisfied, he or she may deny the application and forbid the applicant from participating in the business of the licensee.  3. As used in this section, "change of control" means:  (a) A transfer of voting stock, partnership or member interests which results in giving a person, directly or indirectly, the power to direct the management and policy of a licensee; or  (b) A transfer of at least 25 percent of the outstanding voting stock, partnership or member interests of the licensee.  (Added to NRS by 2005, 1703)
NV Rev Stat § 604A.650 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.650 - Licensee must conduct business in accordance with license; approval of business name; prohibition against using misleading or confusing business name or printed forms.

  1. A licensee shall not conduct the business of making loans under any name, at any place or by any method, including, without limitation, at a kiosk, through the Internet, through any telephone, facsimile machine or other telecommunication device or through any other machine, network, system, device or means, except as permitted in the license or branch license issued to the licensee.  2. A licensee must obtain the approval of the Commissioner before using or changing a business name.  3. A licensee shall not:  (a) Use any business name which is identical or similar to a business name used by another licensee under this chapter or which may mislead or confuse the public.  (b) Use any printed forms which may mislead or confuse the public.  (Added to NRS by 2005, 1703)
NV Rev Stat § 604A.655 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.655 - Restrictions on location where licensee may conduct business; requirements to conduct business at same location as mortgage broker, mortgage banker or pawnbroker. [Effective through December 31, 2019.]

  1. Except as otherwise provided in this section, a licensee may not conduct the business of making loans within any office, suite, room or place of business in which any other lending business is solicited or engaged in, except an insurance agency or notary public, or in association or conjunction with any other business, unless authority to do so is given by the Commissioner.  2. A licensee may conduct the business of making loans in the same office or place of business as:  (a) A mortgage broker if:  (1) The licensee and the mortgage broker:  (I) Maintain separate accounts, books and records;  (II) Are subsidiaries of the same parent corporation; and  (III) Maintain separate licenses; and  (2) The mortgage broker is licensed by this State pursuant to chapter 645B of NRS and does not receive money to acquire or repay loans or maintain trust accounts as provided by NRS 645B.175.  (b) A mortgage banker if:  (1) The licensee and the mortgage banker:  (I) Maintain separate accounts, books and records;  (II) Are subsidiaries of the same parent corporation; and  (III) Maintain separate licenses; and  (2) The mortgage banker is licensed by this State pursuant to chapter 645E of NRS and, if the mortgage banker is also licensed as a mortgage broker pursuant to chapter 645B of NRS, does not receive money to acquire or repay loans or maintain trust accounts as provided by NRS 645B.175.  3. If a pawnbroker is licensed to operate a check-cashing service, deferred deposit loan service, high-interest loan service or title loan service, the pawnbroker may operate that service at the same office or place of business from which he or she conducts business as a pawnbroker pursuant to chapter 646 of NRS.  (Added to NRS by 2005, 1704; A 2007, 942)
NV Rev Stat § 604A.655 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.655 - Restrictions on location where licensee may conduct business; requirements to conduct business at same location as mortgage company or pawnbroker. [Effective January 1, 2020.]

  1. Except as otherwise provided in this section, a licensee may not conduct the business of making loans within any office, suite, room or place of business in which any other lending business is solicited or engaged in, except an insurance agency or notary public, or in association or conjunction with any other business, unless authority to do so is given by the Commissioner.  2. A licensee may conduct the business of making loans in the same office or place of business as a mortgage company if:  (a) The licensee and the mortgage company:  (1) Maintain separate accounts, books and records;  (2) Are subsidiaries of the same parent corporation; and  (3) Maintain separate licenses; and  (b) The mortgage company is licensed by this State pursuant to chapter 645B of NRS and does not receive money to acquire or repay loans or maintain trust accounts as provided by NRS 645B.175.  3. If a pawnbroker is licensed to operate a check-cashing service, deferred deposit loan service, high-interest loan service or title loan service, the pawnbroker may operate that service at the same office or place of business from which he or she conducts business as a pawnbroker pursuant to chapter 646 of NRS.  (Added to NRS by 2005, 1704; A 2007, 942; 2017, 3101, effective January 1, 2020)
NV Rev Stat § 604A.660 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.660 - Change of address by licensee: Notice; approval by Commissioner; penalty for failure to provide required notice.

  1. A licensee who wishes to change the address of an office or other place of business for which he or she has a license pursuant to the provisions of this chapter must, at least 10 days before changing the address, give written notice of the proposed change to the Commissioner.  2. Upon receipt of the proposed change of address pursuant to subsection 1, the Commissioner shall provide written approval of the change and the date of the approval.  3. If a licensee fails to provide notice as required pursuant to subsection 1, the Commissioner may impose a fine in an amount not to exceed $500.  4. This section applies, without limitation, to any office or other place of business at which the licensee intends to operate a kiosk, through the Internet, through any telephone, facsimile machine or other telecommunication device or through any other machine, network, system, device or means, except that the licensee shall not operate any automated loan machine prohibited by NRS 604A.400.  (Added to NRS by 2005, 1704)
NV Rev Stat § 604A.700 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.700 - Required books and records.

  1. Each licensee shall keep and use in his or her business such books and accounting records as are in accord with generally accepted accounting practices.  2. Each licensee shall maintain a separate written or electronic record or ledger card for the account of each customer and shall set forth separately the amount of cash advance and the total amount of interest and charges, but such a record may set forth precomputed declining balances based on the scheduled payments, without a separation of principal and charges.  3. Each licensee shall preserve all such books and accounting records for at least 2 years after making the final entry therein.  4. Each licensee who operates outside this State an office or other place of business that is licensed pursuant to provisions of this chapter shall:  (a) Make available at a location within this State the books, accounts, papers, records and files of the office or place of business located outside this State to the Commissioner or a representative of the Commissioner; or  (b) Pay the reasonable expenses for travel, meals and lodging of the Commissioner or a representative of the Commissioner incurred during any investigation or examination made at the office or place of business located outside this State.  The licensee must be allowed to choose between the provisions of paragraph (a) or (b) in complying with this subsection.  5. As used in this section, "amount of cash advance" means the amount of cash or its equivalent actually received by a customer or paid out at the customer’s direction or in his or her behalf.  (Added to NRS by 2005, 1705)