NRS 649.347 Additional annual report to Commissioner concerning collection of claims for unit-owners’ association.

216 words·~1 min read·/nv/chapter-649-collection-agencies/649-347

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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 .