Nevada § 649.056 Regulations prescribing methods of conducting business; investigations and examinations

Nevada Statutes

§ 649.056 — Regulations prescribing methods of conducting business; investigations and examinations

Nevada § 649.056

Title 54PROFESSIONS, OCCUPATIONS AND BUSINESSES

Ch. 649Collection

ADMINISTRATION

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Bluebook

Nev. Rev. Stat. § 649.056 (2026).

Text

The Commissioner may: 1. By regulation prescribe for collection agencies the method and manner of:

(a)Keeping records.

(b)Preparing and filing financial and other reports.

(c)Handling trust funds and accounts.

(d)The transfer or assignment of accounts and other agreements.

(e)Using fair practices for the solicitation of business and collection of accounts.

(f)The operation of such other phases of the business as may be necessary to promote the best interests of the industry and the public. 2. Conduct such investigations or examinations of collection agencies, their personnel, activities, books, records and other matters as may be necessary to ensure compliance with the purposes and provisions of this chapter.

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The Commissioner may:
1. By regulation prescribe for collection agencies the method and manner of:
(a) Keeping records.
(b) Preparing and filing financial and other reports.
(c) Handling trust funds and accounts.
(d) The transfer or assignment of accounts and other agreements.
(e) Using fair practices for the solicitation of business and collection of accounts.
(f) The operation of such other phases of the business as may be necessary to promote the best interests of the industry and the public.
2. Conduct such investigations or examinations of collection agencies, their personnel, activities, books, records and other matters as may be necessary to ensure compliance with the purposes and provisions of this chapter.