reglab/housing_qa huggingface dataset:
NV Rev Stat § 677.375 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.375 - Suspension or revocation of license: Additional grounds.

In addition to any other lawful reasons, the Commissioner may suspend or revoke a license if the licensee has engaged in any act that would be grounds for denying a license pursuant this chapter.  (Added to NRS by 2005, 1887)
NV Rev Stat § 677.380 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.380 - Regulations and orders of Commissioner.

  1. The Commissioner may adopt regulations and make orders for the administration and enforcement of this chapter, in addition to and not inconsistent with this chapter.  2. Any ruling, demand, requirement or similar administrative act may be promulgated by an order.  3. Every order must be in writing, must state its effective date and the date of its promulgation, and must be entered in an indexed permanent book which is a public record.  4. A copy of every order containing a requirement of general application must be mailed to each licensee at least 20 days before the effective date thereof.  (Added to NRS by 1975, 1834; A 1983, 1822; 1987, 2003)
NV Rev Stat § 677.390 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.390 - Disposition of money collected pursuant to chapter.

Except as otherwise provided in NRS 677.160, all fees and charges collected under the provisions of this chapter must be deposited in the State Treasury pursuant to the provisions of NRS 658.091.  (Added to NRS by 1975, 1834; A 1977, 102; 1983, 1328; 1985, 2199; 2003, 3234)
NV Rev Stat § 677.400 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.400 - Annual report by licensee; composite reports.

  1. Annually, on or before May 15, unless the Commissioner grants a written extension, each licensee shall file with the Commissioner a report of operations of the licensed business for the preceding calendar year.  2. The report must give information with respect to the financial condition of the licensee, including, without limitation:  (a) Balance sheets at the beginning and end of the year;  (b) A statement of income and expenses for the period;  (c) A reconciliation of the surplus or net worth with the balance sheets;  (d) A schedule of the assets used and useful in the licensed business;  (e) The size of loans and an analysis of charges, including the monthly average number and amount of loans outstanding;  (f) An analysis of delinquent accounts;  (g) Any court actions undertaken to effect collection; and  (h) Any further statistical information reasonably prescribed by the Commissioner.  3. The report must be made under oath and be in the form prescribed by the Commissioner.  4. If any person or affiliated group holds more than one license in this state, that person or group may file a composite annual report, if a short form of report applicable to each licensed office accompanies the report.  5. A licensee may comply with the provisions of this section by filing with the Commissioner a copy of the annual audit report filed by the licensee with the Federal Deposit Insurance Corporation pursuant to 12 U.S.C. § 1831m.  (Added to NRS by 1975, 1837; A 1979, 997; 1983, 1822; 1987, 2003; 1997, 1017)
NV Rev Stat § 677.410 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.410 - Preparation of annual reports and financial statements; special reports; extensions; removal of qualification.

  1. The annual reports and financial statements required by this chapter must be prepared in accordance with generally accepted accounting principles and must be accompanied by a report, certificate, or opinion of an independent certified public accountant or independent public accountant, and must contain such relevant information as the Commissioner may require. The audits must be conducted in accordance with generally accepted auditing standards and the regulations of the Commissioner.  2. A licensee shall make other special reports to the Commissioner as the Commissioner may from time to time require.  3. For good cause and upon written request, the Commissioner may extend the time for compliance with the provisions of this chapter.  4. If the report, certificate or opinion of the independent accountant is in any way qualified, the Commissioner may require the company to take such action as he or she deems appropriate to permit an independent accountant to remove such qualification from the report, certificate or opinion.  (Added to NRS by 1975, 1838; A 1983, 1822; 1987, 2004)
NV Rev Stat § 677.420 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.420 - Notification of change in ownership of stock; application for approval after certain acquisitions; investigation; costs; waiver.

  1. A licensee shall notify the Commissioner of any change in the ownership of 10 percent or more of the outstanding voting stock of the licensee within 3 business days after the licensee has knowledge of the change.  2. An application for approval must be submitted to the Commissioner by a person who acquires:  (a) At least 25 percent of a licensee’s outstanding voting stock; or  (b) Any outstanding voting stock of a licensee if the change will result in a change in the control of the licensee.  Except as otherwise provided in subsection 4, the Commissioner shall conduct an investigation in accordance with NRS 677.180. If the Commissioner denies the application, he or she may forbid the applicant from participating in the business of the licensee.  3. The licensee with which the applicant is affiliated shall pay such a portion of the cost of the investigation as the Commissioner requires. All money received by the Commissioner pursuant to this subsection must be placed in the Investigative Account created by NRS 232.545.  4. A licensee may submit a written request to the Commissioner to waive an investigation pursuant to subsection 2. The Commissioner may grant a waiver if the applicant has undergone a similar investigation by a state or federal agency in connection with the licensing of or his or her employment with a financial institution.  (Added to NRS by 1975, 1838; A 1983, 1823; 1985, 1348; 1987, 2004; 1991, 1816; 1997, 1018)
NV Rev Stat § 677.430 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.430 - Commissioner to examine licensee’s business at least annually; fee.

  1. At least once each year, the Commissioner or his or her authorized representatives shall make an examination of the place of business of each licensee and of the loans, transactions, books, papers and records of such licensee so far as they pertain to the business licensed under this chapter.  2. For each examination the Commissioner shall charge and collect from the licensee a fee for conducting the examination and preparing and typing the report of the examination at the rate established and, if applicable, adjusted pursuant to NRS 658.101.  (Added to NRS by 1975, 1835; A 1977, 102; 1983, 1823; 1987, 2005, 2227; 2017, 401)
NV Rev Stat § 677.435 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.435 - Independent audit and examination: Payment of assessment; cooperation.

Each licensee shall pay the assessment levied pursuant to NRS 658.055 and cooperate fully with the audits and examinations performed pursuant thereto.  (Added to NRS by 1987, 827)
NV Rev Stat § 677.440 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.440 - Authority of Commissioner to investigate business; free access required; compelling attendance of witnesses.

  1. For the purpose of discovering violations of this chapter or of securing information lawfully required under this chapter, the Commissioner or his or her duly authorized representatives may at any time investigate the business and examine the books, accounts, papers and records used therein of:  (a) A licensee;  (b) Any other person engaged in the business described in this chapter, participating in the business as a principal, agent, broker or otherwise;  (c) Any other person engaged in an activity for which a license is required pursuant to the provisions of this chapter;  (d) Any person whom the Commissioner has reasonable cause to believe is violating or is about to violate any provision of this chapter, whether or not the person claims to be within the authority or beyond the scope of this chapter; and  (e) Any company which is a subsidiary of, affiliated with or owned or controlled by a licensee.  2. For the purpose of examination, the Commissioner or his or her authorized representatives shall have and be given free access to the offices and places of business, files, safes and vaults of such persons.  3. The Commissioner may require the attendance of any person and examine him or her under oath regarding:  (a) Any transaction or business regulated pursuant to the provisions of this chapter; or  (b) The subject matter of any audit, examination, investigation or hearing.  (Added to NRS by 1975, 1834; A 1983, 1606, 1637, 1823; 1987, 2005; 2005, 1887)
NV Rev Stat § 677.450 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.450 - Authority of Commissioner to require attendance of witnesses and production of documents.

The Commissioner may require the attendance of any person and may examine him or her under oath relative to loans or business regulated by this chapter or the subject matter of any examination, investigation or hearing, and may require the production of books, accounts, papers and records.  (Added to NRS by 1975, 1835; A 1983, 1823; 1987, 2005)
NV Rev Stat § 677.460 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.460 - Charging off assets; regulations and orders.

The Commissioner may provide by regulation or order for the charging off of assets considered to be of little or no value.  (Added to NRS by 1975, 1834; A 1983, 1824; 1987, 2006)
NV Rev Stat § 677.470 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.470 - Licensee to pay costs of audit of books and records.

In addition to the annual fee provided by this chapter, the Commissioner shall assess and collect from each licensee the reasonable cost of auditing the books and records of a licensee.  (Added to NRS by 1975, 1834; A 1983, 1824; 1987, 2006)
NV Rev Stat § 677.480 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.480 - Order of Commissioner directing discontinuance of unsafe or injurious practice.

If it appears to the Commissioner any company is conducting business in an unsafe or injurious manner, he or she may by written order direct the discontinuance of any unsafe or injurious practices.  (Added to NRS by 1975, 1835; A 1983, 1824; 1987, 2006)
NV Rev Stat § 677.490 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.490 - Surrender of license by licensee; surrender as affecting licensee’s liability.

Any licensee may surrender any license by delivering it to the Commissioner with written notice of its surrender, but a surrender does not affect his or her civil or criminal liability for acts committed before the surrender.  (Added to NRS by 1975, 1835; A 1983, 1824; 1987, 2006)
NV Rev Stat § 677.500 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.500 - Temporary suspension of license: Conditions; notice; hearing; term of suspension.

If the Commissioner finds that probable cause for revocation of any license exists and that enforcement of this chapter requires immediate suspension of a license pending investigation, he or she may, upon 5 days’ written notice and without a hearing, enter an order suspending a license for a period not exceeding 20 days pending the holding of a hearing.  (Added to NRS by 1975, 1835; A 1977, 96; 1983, 1824; 1987, 2006)
NV Rev Stat § 677.510 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.510 - Revocation or suspension of license: Grounds; notice; hearing; order.

  1. If the Commissioner has reason to believe that grounds for revocation or suspension of a license exist, he or she shall give 20 days’ written notice to the licensee stating the contemplated action and, in general, the grounds therefor and set a date for a hearing.  2. At the conclusion of a hearing, the Commissioner shall:  (a) Enter a written order either dismissing the charges, or revoking the license, or suspending the license for a period of not more than 60 days, which period must include any prior temporary suspension. A copy of the order must be sent by registered or certified mail to the licensee.  (b) Impose upon the licensee an administrative fine of not more than $10,000 for each violation by the licensee of any provision of this chapter or any lawful regulation adopted pursuant thereto.  (c) If a fine is imposed pursuant to this section, enter such order as is necessary to recover the costs of the proceeding, including his or her investigative costs and attorney’s fees.  3. The grounds for revocation or suspension of a license are that:  (a) The licensee has failed to pay the annual license fee;  (b) The licensee, either knowingly or without any exercise of due care to prevent it, has violated any provision of this chapter, or any lawful regulation adopted pursuant thereto;  (c) The licensee has failed to pay a tax as required pursuant to the provisions of chapter 363A or 363C of NRS;  (d) Any fact or condition exists which would have justified the Commissioner in denying the licensee’s original application for a license hereunder; or  (e) The applicant failed to open an office for the conduct of the business authorized under this chapter within 120 days after the date the license was issued, or has failed to remain open for the conduct of the business for a period of 120 days without good cause therefor.  4. Any revocation or suspension applies only to the license granted to a person for the particular office for which grounds for revocation or suspension exist.  5. An order suspending or revoking a license becomes effective 5 days after being entered unless the order specifies otherwise or a stay is granted.  (Added to NRS by 1975, 1836; A 1983, 1824; 1987, 2006; 1993, 902; 2003, 20th Special Session, 227; 2005, 1888; 2015, 2949)
NV Rev Stat § 677.520 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.520 - Preexisting contracts unaffected by revocation, suspension, expiration or surrender of license.

The revocation, suspension, expiration or surrender of any license does not impair or affect the obligation of any preexisting lawful contract between the licensee and any obligors. Such a contract and all lawful charges thereon may be collected by the licensee, its successors or assigns.  (Added to NRS by 1975, 1837; A 1989, 923)
NV Rev Stat § 677.530 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.530 - Order to desist or refrain; action to enjoin violations; appointment and powers of receiver.

  1. Whenever the Commissioner has reasonable cause to believe that any person is violating or is threatening to or intends to violate any provision of this chapter, he or she may, in addition to all actions provided for in this chapter and without prejudice thereto, enter an order requiring the person to desist or to refrain from such violation.  2. An action may be brought on the relation of the Attorney General and the Commissioner to enjoin a person from engaging in or continuing a violation or from doing any act or acts in furtherance thereof. In any such action, an order or judgment may be entered awarding such preliminary or final injunction as may be deemed proper.  3. In addition to all other means provided by law for the enforcement of a restraining order or injunction, the court in which an action is brought may impound, and appoint a receiver for, the property and business of the defendant, including books, papers, documents and records pertaining thereto, or so much thereof as the court deems reasonably necessary to prevent violations of this chapter through or by means of the use of the property and business. Such receiver, when appointed and qualified, has such powers and duties as to custody, collection, administration, winding up and liquidation of such property and business as are from time to time conferred upon the receiver by the court.  (Added to NRS by 1975, 1835; A 1983, 1825; 1987, 2007)
NV Rev Stat § 677.540 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.540 - Taking possession of business by Commissioner: Conditions; resumption of business.

Whenever it appears to the Commissioner that:  1. The stockholders’ equity of any licensee is less than its initial stockholders’ equity;  2. Any licensee has violated its articles of incorporation or any law of this state;  3. Any licensee is conducting its business in an unsafe or unauthorized manner;  4. Any licensee refuses to submit its books, papers and affairs to the inspection of any examiner;  5. Any officer of any licensee refuses to be examined upon oath touching the concerns of the licensee;  6. Any licensee has suspended payment of its obligations;  7. Any licensee is in a condition that it is unsound or unsafe for it to transact business;  8. Any licensee neglects or refuses to observe any order of the Commissioner made pursuant to this chapter unless the enforcement of the order is restrained in a proceeding brought by the licensee;  9. Any licensee has accepted deposits in violation of the provisions of this chapter; or  10. Any fact or condition exists which, if it had existed at the time of the original application for authority to organize and establish a corporation to engage in business under this chapter, it reasonably would have warranted the disapproval of the application by the Commissioner,  the Commissioner may forthwith take possession of the property and business of the licensee and retain possession until it resumes business or its affairs are finally liquidated as provided in this chapter. The licensee, with the consent of the Commissioner, may resume business upon such conditions as the Commissioner may prescribe.  (Added to NRS by 1975, 1836; A 1983, 1825; 1985, 2199, 2200; 1987, 2007; 1997, 1018)
NV Rev Stat § 677.545 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.545 - Taking possession of business by Commissioner: Acquisition by or merger with another institution.

  1. Except as limited by subsection 2, if the Commissioner has taken possession of the property and business of a corporation licensed under this chapter pursuant to NRS 677.540, or a receiver, other than the State, has been appointed for and taken possession of the property and business of a corporation, the Commissioner may solicit offers from and authorize or require the acquisition of the corporation by or its merger with another institution or company in the following order of priority:  (a) A corporation which is licensed pursuant to this chapter.  (b) Any other depository institution licensed under the laws of this state or of the United States if its principal office is located in this state, including institutions whose parent corporation has offices or operations in other states.  (c) A bank, savings and loan association, savings bank or thrift company, or its parent corporation, licensed pursuant to the laws of the United States or of another state, whose operations are principally conducted within the state of Alaska, Arizona, Colorado, Hawaii, Idaho, Montana, New Mexico, Oregon, Utah, Washington or Wyoming.  (d) A bank, savings and loan association, savings bank or thrift company, or its parent corporation, licensed pursuant to the laws of the United States or of another state, whether or not its principal place of business is in another state.  The Commissioner shall solicit written offers from all eligible institutions, regardless of the order of priority established by this subsection, and wait at least 30 days after solicitation before selecting the institution to be approved.  2. The selection of an institution must be made in accordance with the order of priority established in subsection 1 only if a selection affords the greatest financial recovery by the corporation’s depositors of all offers received. The Commissioner may not accept any offer which affords the corporation’s depositors a smaller financial recovery than they would receive if the corporation were liquidated. If the Commissioner receives one or more acceptable offers he or she may negotiate with the institutions submitting acceptable offers, following that order of priority, and accept that offer which would afford the greatest financial recovery by the corporation’s depositors.  (Added to NRS by 1985, 2195; A 1987, 1315, 2008)
NV Rev Stat § 677.550 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.550 - Order suspending or limiting payment of liabilities; effect of order; assignment or hypothecation of indebtedness.

  1. The Commissioner may order a licensee to suspend the payment of its liabilities or limit the payment of its liabilities in such manner as he or she prescribes, if it appears to the Commissioner that this action is necessary for the protection of the licensee, its depositors or creditors, or in the public interest. The order is effective upon receipt of notice by the licensee and continues in effect until rescinded or modified by the Commissioner in a writing delivered to the manager or executive officer of the licensee.  2. Subsection 1 does not affect the right of any licensee to pay its current operating expenses and liabilities incurred during the period of suspension or limitation.  3. After an order suspending or limiting the payment of liabilities is effective and until that order is rescinded, the licensee shall make no assignment or hypothecation of any indebtedness due to it from a depositor without first crediting thereon the liability of the licensee to the depositor.  4. The authority granted to the Commissioner by this section may be exercised by him or her in conjunction with all other powers granted by this chapter, or independently from them.  (Added to NRS by 1975, 1837; A 1983, 1826; 1985, 2200, 2201; 1987, 2009)
NV Rev Stat § 677.560 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.560 - Application by licensee to enjoin further proceedings.

Whenever the Commissioner has taken possession of the property and business of any licensee, a licensee, within 10 days after a taking, if it deems itself aggrieved thereby, may apply to the district court in the county in which the main office of the licensee is located to enjoin further proceedings. The court, after citing the Commissioner to show cause why further proceedings should not be enjoined and after a hearing and a determination of the facts upon the merits may dismiss such application or enjoin the Commissioner from further proceedings and direct him or her to surrender the property and business to such licensee, or make such further order as may be just.  (Added to NRS by 1975, 1837; A 1983, 1826; 1987, 2009)
NV Rev Stat § 677.570 (2021)
2021 Nevada Revised Statutes|Chapter 677 - Thrift Companies|NRS 677.570 - Authority of Commissioner to liquidate or conserve company.

When the Commissioner takes possession of the property and business of any company for the purpose of liquidation or conservation, he or she may liquidate or conserve the company. In such a liquidation or conservation the Commissioner has the same authority with reference to licensees as are vested in the Commissioner by chapters 657 to 671, inclusive, of NRS with reference to banks and in addition may deposit money coming into his or her hands in the course of liquidation in one or more state or national banks or credit unions.  (Added to NRS by 1975, 1837; A 1983, 1827; 1987, 2010; 1999, 1452)