Nev. Rev. Stat. § 649.305

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 649.305 - Collection agency prohibited from operating without compliance manager; limitations on employment of compliance managers

1. No collection agency may operate its business without a compliance manager who holds a valid compliance manager's certificate issued under the provisions of this chapter.

2. Except as otherwise provided in this subsection, a compliance manager must not be employed as a compliance manager by more than one collection agency or employed by a collection agency and an exempt entity at the same time. A compliance manager may be simultaneously employed as a compliance manager by a collection agency and an affiliate of that collection agency.

NRS 649.305

Added to NRS by 1969, 830; A 1983, 1717; 2023, 3600

Amended by 2023, Ch. 534,§30, eff. 10/1/2023.

Added to NRS by 1969, 830; A 1983, 1717