NRS 604C.600 – Required books and records.

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 […]

NRS 604C.610 – Annual examinations by Commissioner; fees for examination.

1. At least once each year, the Commissioner or his or her authorized representative shall make an examination of the place of business of each licensee and of the transactions, books, papers and records of each licensee that pertain to the business licensed under this chapter. 2. For each examination conducted pursuant to subsection 1, […]

NRS 604C.620 – Independent audit and examination: Payment of assessment; cooperation.

Each licensee shall pay the assessment levied pursuant to NRS 658.055 and cooperate fully with the audits and examinations performed pursuant thereto. (Added to NRS by 2019, 2412)

NRS 604C.630 – Fees for audit.

In addition to any other fee provided by this chapter, the Commissioner shall assess and collect from each licensee the reasonable cost of auditing the books and records of a licensee. (Added to NRS by 2019, 2412)

NRS 604C.640 – Annual report by licensee; composite reports. [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 provisions of chapter 347, Statutes of Nevada 2021, at page 2030.] Annual report by licensee; composite reports; Commissioner may require additional reports. [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.]

1. On or before January 31 of each year, a licensee shall submit a report to the Commissioner containing: (a) The number of consumer litigation funding transactions in which the company engaged in this State for the immediately preceding year; (b) A summation of the total funded amount of the consumer litigation funding transactions in […]