NRS 690D.210
Required records

  • length of retention
  • manner of storage.

1.

A creditor or the designee of a creditor shall maintain records of the transactions governed by this chapter. The records must include, without limitation:

(a)

A copy of each type of guaranteed asset protection waiver that the creditor sells or offers for sale;

(b)

The name and address of each borrower who possesses a guaranteed asset protection waiver under which the creditor has a duty to perform, to the extent that the creditor knows the name and address of each borrower; and

(c)

The date and a description of each claim made by a borrower under a guaranteed asset protection waiver.

2.

A creditor or the designee of a creditor shall retain all records relating to a guaranteed asset protection waiver for at least 1 year after the contract has expired.

3.

The records required to be maintained pursuant to this section may be stored on a computer disc or other storage device for a computer from which the records may be readily printed.
ENFORCEMENT AND PENALTIES

Source: Section 690D.210 — Required records; length of retention; manner of storage., https://www.­leg.­state.­nv.­us/NRS/NRS-690D.­html#NRS690DSec210.

Last Updated

Feb. 5, 2021

§ 690D.210’s source at nv​.us