Nevada § 649.305 Collection agency prohibited from operating without compliance manager; limitations on employment of compliance managers

Nevada Statutes

§ 649.305 — Collection agency prohibited from operating without compliance manager; limitations on employment of compliance managers

Nevada § 649.305

Title 54PROFESSIONS, OCCUPATIONS AND BUSINESSES

Ch. 649Collection

CONDUCT OF BUSINESS; PROHIBITED PRACTICES

This text of Nevada § 649.305 (Collection agency prohibited from operating without compliance manager; limitations on employment of compliance managers) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 649.305 (2026).

Text

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.

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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.