reglab/housing_qa huggingface dataset:
NV Rev Stat § 675.110 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.110 - Investigation by Commissioner; notice; hearing; order.

  1. Upon the filing of the application and the payment of the fees, the Commissioner shall investigate the facts concerning the application and the requirements provided for in NRS 675.120.  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 nor more than 60 days after that date. The hearing must be held in the Office of the Commissioner or such other place as he or she 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 1959, 229; A 1981, 104; 1983, 1807; 1987, 1988; 2001, 2048)
NV Rev Stat § 675.120 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.120 - Issuance of license subsequent to findings by Commissioner.

If the Commissioner finds:  1. That 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, within the purposes of this chapter; and  2. That the applicant, unless he or she will function solely as a loan broker, has available for the operation of the business at the specified location liquid assets of at least $50,000,  he or she shall thereupon enter an order granting the application, and file his or her findings of fact together with the transcript of any hearing held under this chapter, and forthwith issue and deliver a license to the applicant.  (Added to NRS by 1959, 229; A 1971, 1366; 1983, 1807; 1987, 178, 1988; 2001, 2048)
NV Rev Stat § 675.130 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.130 - Required statements on license.

Each license shall:  1. State the address at which the business is to be conducted; and  2. State fully the name of the licensee, and if the licensee is a copartnership or association, the names of its members, and if a corporation, the date and place of its incorporation.  (Added to NRS by 1959, 229)
NV Rev Stat § 675.140 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.140 - Expiration, renewal and reinstatement of license; fees; regulations.

  1. A license expires on December 31 of each year unless renewed by the licensee through the payment, on or before that date, of an annual fee of not more than $1,000 for each license held by the licensee. The Commissioner may reinstate an expired license upon receipt of the annual fee and a fee of not more than $400 for reinstatement.  2. The Commissioner shall adopt regulations establishing the amount of the fees required pursuant to this section.  (Added to NRS by 1959, 229; A 1981, 757; 1983, 1807; 1987, 1989; 1989, 922; 2005, 1882)
NV Rev Stat § 675.150 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.150 - Procedure for denial of license.

  1. If the Commissioner finds that any applicant does not possess the requirements specified in this chapter, he or she shall enter an order denying the application and forthwith notify the applicant of the denial.  2. Within 10 days after the entry of such an order, he or she shall file his or her findings and a summary of the evidence supporting them and shall forthwith deliver a copy thereof to the applicant.  (Added to NRS by 1959, 229; A 1983, 1326, 1808; 1987, 1989)
NV Rev Stat § 675.160 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.160 - Disposition of money collected pursuant to chapter.

Except as otherwise provided in NRS 675.100, 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 1959, 230; A 1983, 1326; 2003, 3234)
NV Rev Stat § 675.170 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.170 - Regulations and orders of Commissioner.

  1. The Commissioner:  (a) May adopt regulations and make orders for the administration and enforcement of this chapter, in addition hereto and not inconsistent herewith.  (b) Shall adopt regulations to administer, carry out and enforce the provisions of NRS 675.3693, 675.3695 and 675.3697.  2. Every regulation must be promulgated by an order, and 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 promulgating a regulation and of every other 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 1959, 230; A 1983, 1808; 1987, 1989; 2019, 951)
NV Rev Stat § 675.180 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.180 - Licensee to maintain minimum assets.

Every licensee shall maintain assets of at least $50,000 either used or readily available for use in the conduct of the business of each licensed office.  (Added to NRS by 1959, 230; A 1971, 1366)
NV Rev Stat § 675.190 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.190 - Posting of licenses.

Each license shall be kept conspicuously posted in the licensed place of business.  (Added to NRS by 1959, 230)
NV Rev Stat § 675.200 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.200 - Transferability or assignability of license.

Licenses shall not be transferable or assignable.  (Added to NRS by 1959, 230)
NV Rev Stat § 675.210 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.210 - Places of business maintainable by licensee under license; issuance of more than one license to licensee.

Not more than one place of business may be maintained under the same license. The Commissioner may issue additional licenses to the same licensee for other business locations upon compliance with all the provisions of this chapter governing issuance of a single license. Nothing herein requires a license for any place of business devoted to accounting, recordkeeping or administrative purposes only.  (Added to NRS by 1959, 230; A 1983, 1808; 1987, 1989)
NV Rev Stat § 675.220 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.220 - 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 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.  (Added to NRS by 1959, 230; A 1983, 1808; 1987, 1989; 2001, 2049)
NV Rev Stat § 675.230 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.230 - Restriction on location of business of making loans.

  1. Except as otherwise provided in subsections 2 and 3, a licensee may not conduct the business of making loans under this chapter within any office, suite, room or place of business in which any other 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 pursuant to this chapter in the same office or place of business as a mortgage company if:  (a) The licensee and the mortgage company:  (1) Operate as separate legal entities;  (2) Maintain separate accounts, books and records;  (3) Are subsidiaries of the same parent corporation; and  (4) 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. A licensee who is an Internet business lender may conduct the business of making loans pursuant to this chapter within any office, suite, room or place of business in which any other business is solicited or engaged in.  (Added to NRS by 1959, 230; A 1983, 1809; 1987, 1990; 1991, 884; 1999, 3810; 2003, 3579; 2017, 3104; 2019, 3999; 2020, 32nd Special Session, 6)
NV Rev Stat § 675.240 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.240 - Name under which business transactable by licensee; loans by mail.

No licensee shall conduct the business of making loans provided for by this chapter under any name or at any place other than that stated in the license. Nothing herein shall prevent the making of loans by mail nor prohibit accommodations to individual borrowers when necessitated by hours of employment, sickness or other emergency situations.  (Added to NRS by 1959, 231)
NV Rev Stat § 675.245 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.245 - Use or change of business name; prohibitions.

  1. A licensee must obtain the approval of the Commissioner before using or changing a business name.  2. 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, 1881)
NV Rev Stat § 675.250 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.250 - Books and accounting records: Practices; preservation; requirements regarding office or other place of business located outside State.

  1. Each licensee shall keep and use in his or her business such books and accounting records as are in accord with sound and accepted accounting practices.  2. Each licensee shall maintain a separate record or ledger card for the account of each borrower 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 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 paragraph (a) or (b) in complying with the provisions of this subsection.  (Added to NRS by 1959, 231; A 2001, 2049)
NV Rev Stat § 675.260 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.260 - Annual report by licensee; composite reports.

  1. Annually, on or before April 15, each licensee shall file with the Commissioner a report of operations of the licensed business for the preceding calendar year.  2. The report must be made under oath and must be in the form and contain information prescribed by the Commissioner.  3. If any person or affiliated group holds more than one license in the state, it may file a composite annual report.  (Added to NRS by 1959, 231; A 1981, 753; 1983, 1809; 1987, 1990)
NV Rev Stat § 675.280 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.280 - False, misleading or deceptive advertising prohibited.

A licensee shall not advertise or permit to be advertised in any manner whatsoever any false, misleading or deceptive statement or representation with regard to the rates, terms or conditions for loans.  (Added to NRS by 1959, 231; A 1971, 1366; 1973, 1516; 1987, 179)
NV Rev Stat § 675.285 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.285 - Commissioner required to investigate alleged violations of chapter.

If the Commissioner receives information from a registered agent pursuant to NRS 77.410 which indicates that a person may be violating the provisions of this chapter, the Commissioner shall investigate the person and take any appropriate action pursuant thereto.  (Added to NRS by 2007, 2726)
NV Rev Stat § 675.292 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.292 - Violation of federal law constitutes violation of chapter.

Repealed. (See chapter 177, Statutes of Nevada 2019, at page 951.)
NV Rev Stat § 675.296 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.296 - Practices regarding customers who are members of military.

Notwithstanding any other provision of law:  1. If a borrower is a member of the military, a licensee shall:  (a) Honor the terms of any repayment plan between the licensee and borrower, including, without limitation, any repayment plan negotiated through military counselors or third-party credit counselors.  (b) Honor any proclamation by a base commander that a certain branch location of the licensee is off-limits to members of the military and their spouses.  2. If a borrower is a member of the military, a licensee shall not:  (a) Garnish or threaten to garnish any wages or salary of the borrower or his or her spouse; or  (b) Contact or threaten to contact the military chain of command of a borrower in an effort to collect the loan.  3. If a borrower is a member of the military and is deployed to a combat or combat supporting position, a licensee shall not engage in any collection activity against the borrower or his or her spouse.  4. As used in this section, "military" means the Armed Forces of the United States, a reserve component thereof or the National Guard.  (Added to NRS by 2007, 2858)
NV Rev Stat § 675.310 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.310 - Collection of loans made outside State.

Any loan made outside this state lawfully made as permitted by the laws of the state in which the loan was made may be collected or otherwise enforced in this state in accordance with its terms.  (Added to NRS by 1959, 234; A 1971, 1370)
NV Rev Stat § 675.330 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.330 - Payment in money, credit, goods or things in action, as consideration for sale, assignment, or order of compensation, deemed loan of money; transaction subject to provisions of chapter.

The payment of money, credit, goods or things in action, as consideration for any sale, assignment or order for the payment of wages, salary, commissions or other compensation for services earned or to be earned, shall, for the purposes of regulation under this chapter, be deemed a loan of money secured by the sale, assignment or order. The amount by which the compensation so sold, assigned or ordered paid exceeds the amount of the consideration actually paid shall, for the purposes of regulation under this chapter, be deemed interest or charges on the loan from the date of the payment to the date the compensation is payable. Such a transaction is subject to the provisions of this chapter.  (Added to NRS by 1959, 235; A 1971, 1371; 1973, 1520; 1987, 179)
NV Rev Stat § 675.340 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.340 - Assignment of wages as security invalid.

No assignment of wages, salary, commissions or other compensation for services, whether earned or to be earned, given to a licensee as security for a loan under this chapter, shall be valid.  (Added to NRS by 1959, 235)
NV Rev Stat § 675.350 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.350 - Prohibited practices by licensees.

No licensee may:  1. Take any confession of judgment or any power of attorney running to himself or herself or to any third person to confess judgment or to appear for the borrower in a judicial proceeding.  2. Take any note or promise to pay which does not disclose the date and amount of the loan obligation, a schedule or description of the payments to be made thereon and the rate or aggregate amount of the agreed charges.  3. Take any instrument in which blanks are left to be filled in after the loan is made.  4. Take a lien upon real property as security for any loan made under this chapter except real property upon which is situated a mobile home or factory-built housing that also secures the loan, and except such lien as is created by law through the rendition or recording of a judgment.  (Added to NRS by 1959, 235; A 1959, 783; 1979, 829; 1991, 884)
NV Rev Stat § 675.360 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.360 - Duties of licensee.

Every licensee shall:  1. Deliver to the borrower, or if more than one, to one of them, at the time of making a loan under this chapter a copy of the loan obligation or, in lieu thereof, a statement showing in clear and distinct terms the date of the loan, the amount of the obligation, the date of its maturity, if there is one, the nature of the security, if any, for the loan, the name and address of the borrower and of the licensee, and the description or schedule of payments on that loan.  2. Except as otherwise provided for loans for an indefinite term in NRS 675.369, give to the person making any cash payment on account of any loan a receipt at the time that payment is made, showing the balance due, if any, after application of that payment. A receipt showing the amount of the payment only may be given temporarily and must be replaced within a reasonable time with a receipt as prescribed in this subsection.  3. Permit payment in advance in an amount equal to one or more full installments at any time during the regular business hours of the licensee.  4. Upon repayment of a loan in full, mark plainly every note or other evidence of the indebtedness or assignment signed by any obligor, or a copy thereof, with the word "paid" or "cancelled," and release or provide the borrower evidence to release any mortgage or security instrument no longer securing any indebtedness to the licensee.  (Added to NRS by 1959, 235; A 1985, 1679; 1995, 137)
NV Rev Stat § 675.361 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.361 - Terms of written agreement.

A licensee may make a loan for an indefinite term under a written agreement between the licensee and the borrower. Pursuant to this agreement:  1. The borrower may obtain cash advances from the licensee periodically by a check, draft, credit card or any other means or the licensee may pay out money at the borrower’s direction or on his or her behalf;  2. An open-end account must be established for the borrower and the amount of each cash advance made to the borrower and any interest, charges and other costs must be debited to that account and any payments on the loan or other credits must be credited to that account;  3. The interest and other charges must be computed periodically on the unpaid balance in the borrower’s account; and  4. The borrower may pay his or her account in full at any time without a penalty for prepayment, or if the account is not in default, in monthly installments of fixed or determinable amounts as provided in the agreement.  (Added to NRS by 1985, 1677)
NV Rev Stat § 675.363 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.363 - Calculation of interest; billing cycle.

  1. Under an agreement for a loan for an indefinite term, the licensee may receive interest in any amount or at any annual rate provided in the agreement. This interest must be calculated for each billing cycle in either of the following ways:  (a) By multiplying the daily rate by the daily unpaid balance in the account. The daily rate is determined by dividing the annual rate of interest fixed by the agreement by 365. The daily unpaid balance is determined by adding to any balance remaining unpaid as of the beginning of each day any advances and any appropriate charges, including interest, and by deducting therefrom any payments or other credits made or received on that day.  (b) By multiplying the monthly rate by the average unpaid daily balance in the account for that billing cycle. The monthly rate is determined by dividing the annual rate of interest by 12. The average unpaid daily balance is determined by dividing the sum of all of the daily unpaid balances during the billing cycle by the number of days in the cycle.  2. Unless otherwise provided in the agreement, the billing cycle must be monthly. A billing cycle is monthly if the closing date of the cycle is the same date each month or does not vary by more than 4 days from that date.  (Added to NRS by 1985, 1677)
NV Rev Stat § 675.365 (2021)
2021 Nevada Revised Statutes|Chapter 675 - Installment Loans|NRS 675.365 - Fees and charges.

In addition to the interest allowed pursuant to NRS 675.363, a licensee may, pursuant to the agreement for a loan for an indefinite term, receive from the borrower or add to the unpaid balance in that borrower’s account:  1. Any fees imposed on the licensee pursuant to this chapter;  2. Any charge for insurance under NRS 675.300;  3. A charge not exceeding 25 cents for each transaction in which a loan or advance is made pursuant to the agreement or an annual fee for the use of an open-end account in an amount not to exceed $20;  4. If the interest calculated for any billing cycle pursuant to NRS 675.363 is less than 50 cents:  (a) For a billing cycle which is monthly or longer, a charge in an amount not exceeding 50 cents; or  (b) For a billing cycle less than monthly, a charge in an amount equal to that portion of 50 cents which bears the same relation to 50 cents as the number of days in the billing cycle bear to 365 divided by 12;  5. For any check written by the borrower to the licensee which is returned, or any electronic transfer of money that fails, because of insufficient funds, a charge of $10 or in an amount equal to the charges imposed on the licensee because of his or her reliance on that check or electronic transfer of money, whichever amount is greater; and  6. Any charge assessed the licensee by a third party for the printing and distribution of any checks, drafts or other instruments to be used by the borrower in obtaining advances pursuant to the agreement.  (Added to NRS by 1985, 1678; A 1987, 1516; 2007, 946)