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Nevada Revised Statutes Title 54. Professions, Occupations and Businesses § 649.347. Additional annual report to Commissioner concerning collection of claims for unit-owners’ association

Current as of January 01, 2025 | Updated by Findlaw Staff

1. Each licensed collection agency shall file with the Commissioner a written report not later than January 31 of each year, unless the Commissioner determines that there is good cause for later filing of the report. The report must include:

(a) The number of cases in which the collection agency collected a claim for a unit-owners' association during the immediately preceding year;

(b) The name of each unit-owners' association for which the collection agency collected a claim during the immediately preceding year and the amount of money collected for each such unit-owners' association;

(c) The total amount of money collected by the collection agency for unit-owners' associations during the immediately preceding year;

(d) The zip code of each debtor from whom the collection agency collected a claim for a unit-owners' association during the immediately preceding year; and

(e) A statement, signed by the compliance manager of the collection agency, affirming that the collection agency did not collect a claim against any person during the immediately preceding year in violation of the provisions of paragraph (i) of subsection 1 of NRS 649.375.

2. As used in this section, “unit-owners' association” has the meaning ascribed to it in NRS 116.011 or 116B.030.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 54. Professions, Occupations and Businesses § 649.347. Additional annual report to Commissioner concerning collection of claims for unit-owners’ association - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-54-professions-occupations-and-businesses/nv-rev-st-649-347/

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