Nev. Rev. Stat. § 649.347

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 649.347 - Additional annual report to Commissioner concerning collection of debts for unit-owners' association
1. Each licensed collection agency shall file with the Commissioner a written report not later than January 31 of each year, unless the Commissioner determines that there is good cause for later filing of the report. The report must include:
(a) The number of cases in which the collection agency collected a claim for a unit-owners' association during the immediately preceding year;
(b) The name of each unit-owners' association for which the collection agency collected a claim during the immediately preceding year and the amount of money collected for each such unit-owners' association;
(c) The total amount of money collected by the collection agency for unit-owners' associations during the immediately preceding year;
(d) The zip code of each debtor from whom the collection agency collected a claim for a unit-owners' association during the immediately preceding year; and
(e) A statement, signed by the compliance manager of the collection agency, affirming that the collection agency did not collect a claim against any person during the immediately preceding year in violation of the provisions of paragraph (i) of subsection 1 of NRS 649.375.
2. As used in this section, "unit-owners' association" has the meaning ascribed to it in NRS 116.011 or 116B.030.

NRS 649.347

Added to NRS by 2021, 3749
Amended by 2023, Ch. 534,§37, eff. 10/1/2023.
Added by 2021, Ch. 549,§2, eff. 10/1/2021.