Collection of past due accounts; prohibited acts

Nevada Revised Statutes

Section: 604A.586

Jurisdiction: NV

Bluebook Citation: Nev. Rev. Stat. § 604A.586


Text

A licensee who has been issued a license to operate a high-interest loan service pursuant to this chapter must collect past due accounts in a professional, fair and lawful manner in accordance with the provisions of NRS 604A.5049 and applicable provisions of the Federal Fair Debt Collection Practices Act, 15 U.S.C. § 1692 et seq., as amended. Such a licensee shall not use unlawful threats, intimidation or harassment to collect unpaid accounts.

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