Nev. Rev. Stat. § 649.095

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 649.095 - [Effective until the date on which the Commissioner of Financial Institutions notifies the Governor and the Director of the Legislative Counsel Bureau that the Nationwide Multistate Licensing System and Registry has sufficient capabilities to allow the Commissioner to carry out the amendatory provisions for all other purposes] Application for license: Contents; submission of fingerprints and financial statement; examination of applicant; withdrawal of application
1. An application for a license must be in writing and filed with the Commissioner on a form provided for that purpose.
2. The application must state:
(a) The name of the applicant and the name under which the applicant does business or expects to do business.
(b) The address of the applicant's business and residence, including street and number.
(c) The character of the business sought to be carried on.
(d) Except as otherwise provided in this paragraph, the locations by street and number where the business will be transacted , including, without limitation, the location of any branch office. The application is not required to include any remote location from which a collection agent will work.
(e) In the case of a firm or partnership, the full names and residential addresses of all members or partners and the name and residential address of the compliance manager.
(f) In the case of a corporation or voluntary association, the name and residential address of each of the directors and officers and the name and residential address of the compliance manager.
(g) Any other information reasonably related to the applicant's qualifications for the license which the Commissioner determines to be necessary.
(h) If the applicant plans to have one or more collection agents work from a remote location, evidence that the applicant is able to comply with the provisions of sections 7 to 10, inclusive, of this act.
(i) All information required to complete the application.
3. In addition to any other requirements, each applicant or member, partner, director, officer or compliance manager of an applicant shall submit to the Commissioner a complete set of 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.
4. The application must be subscribed by the applicant and acknowledged.
5. Every applicant may be examined concerning the applicant's competency, experience, character and qualifications by the Commissioner or the Commissioner's authorized agent, and if the examination reveals that the applicant lacks any of the required qualifications, issuance of the license must be denied. Every application must have attached to it a financial statement showing the assets, liabilities and net worth of the applicant.
6. The Commissioner shall consider an application to be withdrawn if the Commissioner has not received all information and fees required to complete the application within 6 months after the date the application is first submitted to the Commissioner or within such later period as the Commissioner determines in accordance with any existing policies of joint regulatory partners. If an application is deemed to be withdrawn pursuant to this subsection or if an applicant otherwise withdraws an application, the Commissioner may not issue a license to the applicant unless the applicant submits a new application and pays any required fees.

NRS 649.095

[3:237:1931; 1931 NCL § 1420.02]-(NRS A 1959, 826; 1963, 1142; 1967, 955; 1969, 836; 1983, 679, 1712; 1987, 1888; 1997, 2178; 2005, 1868, 2794, 2807; 2007, 98; 2021, 2067, effective on the date on which the Commissioner of Financial Institutions notifies the Governor and the Director of the Legislative Counsel Bureau that the Nationwide Multistate Licensing System and Registry has sufficient capabilities to allow the Commissioner to carry out the provisions of chapter 347, Statutes of Nevada 2021, at page 2030)
Amended by 2023, Ch. 534,§20, eff. 10/1/2023.
[3:237:1931; 1931 NCL § 1420.02 ] - (NRS A 1959, 826; 1963, 1142; 1967, 955; 1969, 836; 1983, 679, 1712; 1987, 1888; 1997, 2178; 2005, 1868, 2794, 2807; 2007, 98)
See 2023, Ch. 534, §50.
This section is set out more than once due to postponed, multiple, or conflicting amendments.