NRS 671.400 Compliance with federal regulations; maintenance of information security program; notification of Commissioner of notification events.
142 words·~1 min read·
/nv/chapter-671-money-transmission/671-400·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 671.400 Compliance with federal regulations; maintenance of information security program; notification of Commissioner of notification events.
1. A licensee and an authorized delegate shall comply with the requirements set forth in 16 C.F.R. Part 314.
2. In addition to complying with the requirements of 16 C.F.R. Part 314, a licensee and an authorized delegate shall:
(a)Maintain the information security program required by 16 C.F.R. § 314.3 as part of the books and records of the licensee or authorized delegate; and
(b)Notify the Commissioner of any notification event in accordance with the regulations adopted by the Commissioner pursuant to subsection 4 of NRS 658.105 .
3. As used in this section:
(a)“Information security program” has the meaning ascribed to it in 16 C.F.R. § 314.2.
(b)“Notification event” has the meaning ascribed to it in 16 C.F.R. § 314.2.