676.260 - Remittances to creditors; written statements of account and information on account to debtor. [Effective through June 30, 2010.]
676.260 Â Remittances to creditors; written statements of account and information on account to debtor. [Effective through June 30, 2010.] Â Each licensee shall:
1. Â Make remittances to creditors within 10 days after receipt of the monthly remittance from the debtor.
2. Â Furnish a written statement of account to the debtor at least once every 90 days. If the licensee has been doing business for more than 1 year, the Commissioner may waive the requirement of this subsection as he or she shall determine.
3. Â Provide account information to the debtor verbally when requested during normal business hours.
(Added to NRS by 1973, 1494; A 1983, 1814; 1987, 1996; R 2009, 2001, effective July 1, 2010)