Nevada Extends Prohibitions on Instate Collections


The restrictions for licensees are in effect for another month.

5/29/2020 12:30

The Nevada Financial Institutions Division (NFID) has extended prohibitions on instate collections for licensees until June 30, 2020.

Gov. Steve Sisolak also signed a new order on the extension.

Following is the guidance from the NFID to licensees:  

To Whom It May Concern:

“In NFID efforts to keep licensees apprised of events in the State of Nevada regarding collection agency operations, please be advised Governor Sisolak’s prior directive placing a moratorium on collections has been extended until June 30, 2020. Therefore, the moratorium placed on collections has not been lifted.

For your reference, see the attached Directive 021, section 37, signed by the Governor today May 28, 2020.”

View the governor’s directive here.

ACA staff has the following informal guidance based on contact with the NFID:

Are non-collection activities that can be performed remotely allowed?

"This should be okay.”

Can agencies process payments that come in voluntarily?

“Yes, if the consumer initiates the communication/payment and they want to pay and/or have the ability to do so.”

Gov. Sisolak also granted a 90-day extension for all professional license renewals, which means renewal applications are due Sept. 1, 2020.    

For more information on how the ACA Licensing staff can assist with your licensing needs, please contact us at [email protected] or call (952) 926-6547.