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2020 Nevada Revised Statutes
Chapter 657A - Regulatory Experimentation Program for Product Innovation
NRS 657A.310 - Limitations on transactions. [Effective January 1, 2020.]

Universal Citation: NV Rev Stat § 657A.310 (2020)
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1. Except as otherwise provided in subsection 2, in addition to complying with any other applicable requirements and limitations, a participant who is testing a financial product or service within the scope of the Program for which a license is otherwise required pursuant to chapter 671 of NRS shall not receive for transmission or transmit during the period of testing:

(a) More than $2,500 in any single transaction for a consumer.

(b) More than $25,000 in any series of transactions for a consumer.

2. If the Director approves a request for relief by a participant pursuant to NRS 657A.320, the participant shall not receive for transmission or transmit during the period of testing:

(a) More than $15,000 in any single transaction for a consumer.

(b) More than $50,000 in any series of transactions for a consumer.

(Added to NRS by 2019, 3989, effective January 1, 2020)

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