NRS 604B.030 “Facilitator of a refund anticipation loan” or “facilitator” defined.
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NRS 604B.030 “Facilitator of a refund anticipation loan” or “facilitator” defined.
1. “Facilitator of a refund anticipation loan” or “facilitator” means a person who:
(a)Receives or accepts for delivery an application for a refund anticipation loan;
(b)Delivers a check in payment of the proceeds of a refund anticipation loan; or
(c)In any other manner, acts to allow or facilitates the offering or making of a refund anticipation loan.
2. The term includes, without limitation, a tax preparer who engages in any of the acts described in subsection 1.
3. The term does not include:
(a)A bank, thrift, savings association, industrial bank or credit union operating under the laws of the United States or this State;
(b)An affiliate, other than a tax preparer, that is a servicer for such an entity; or
(c)Any person who acts solely as an intermediary and does not deal with a customer in the making of a refund anticipation loan.