1. Annually, on or before May 15, unless the Commissioner grants a written extension, each licensee shall file with the Commissioner a report of operations of the licensed business for the preceding calendar year.
2. The report must give information with respect to the financial condition of the licensee, including, without limitation:
(a) Balance sheets at the beginning and end of the year;
(b) A statement of income and expenses for the period;
(c) A reconciliation of the surplus or net worth with the balance sheets;
(d) A schedule of the assets used and useful in the licensed business;
(e) The size of loans and an analysis of charges, including the monthly average number and amount of loans outstanding;
(f) An analysis of delinquent accounts;
(g) Any court actions undertaken to effect collection; and
(h) Any further statistical information reasonably prescribed by the Commissioner.
3. The report must be made under oath and be in the form prescribed by the Commissioner.
4. If any person or affiliated group holds more than one license in this state, that person or group may file a composite annual report, if a short form of report applicable to each licensed office accompanies the report.
5. A licensee may comply with the provisions of this section by filing with the Commissioner a copy of the annual audit report filed by the licensee with the Federal Deposit Insurance Corporation pursuant to 12 U.S.C. § 1831m.
(Added to NRS by 1975, 1837; A 1979, 997; 1983, 1822; 1987, 2003; 1997, 1017)