Nev. Rev. Stat. § 675.NEW

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 675.NEW - [Newly enacted section not yet numbered] [Printing or storage of physical records at remote location prohibited; prohibited representation that employee working at remote location]
1. An employee who engages in the business of lending in this State at a remote location shall not print or store physical records containing any data of the licensee at the remote location.
2. Except as otherwise provided in subsection 3, an employee who engages in the business of lending in this State at a remote location or the licensee who employs such an employee shall not represent in any manner to a borrower, potential borrower or any other person that the employee is working at a remote location, including, without limitation, by:
(a) Advertising in any form the address of the remote location where the employee works or a personal telephone number or facsimile number associated with the remote location;
(b) Meeting a borrower or potential borrower at, or inviting a borrower or potential borrower to, the remote location; or
(c) Directly or indirectly suggesting or holding out in any manner that the address of the remote location is the address of the place of business of the licensee, including, without limitation, by receiving mail intended for the licensee at the remote location or storing physical records of the licensee at the remote location.
3. An employee may respond to an inquiry concerning his or her location by stating that he or she is working remotely or working at a remote location.
4. As used in this section, "place of business" has the meaning ascribed to it in section 5 of this act.

NRS 675.NEW

Added by 2023, Ch. 527,§7, eff. 10/1/2023.