Nev. Rev. Stat. § 657A.310

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 657A.310 - Limitations on transactions
1. Except as otherwise provided in subsection 2, in addition to complying with any other applicable requirements and limitations, a participant who is testing a financial product or service within the scope of the Program for which a license is otherwise required pursuant to chapter 671 of NRS shall not receive for transmission or transmit during the period of testing:
(a) More than $2,500 in any single transaction for a consumer.
(b) More than $25,000 in any series of transactions for a consumer.
2. If the Director approves a request for relief by a participant pursuant to NRS 657A.320, the participant shall not receive for transmission or transmit during the period of testing:
(a) More than $15,000 in any single transaction for a consumer.
(b) More than $50,000 in any series of transactions for a consumer.

NRS 657A.310

Added to NRS by 2019, 3989
Added by 2019, Ch. 611,§17, eff. 1/1/2020.