STATE DEPT. OF BUSINESS v. DOLLAR LOAN

No. 70002.

407 P.3d 710 (2017)

133 Nev.Adv.Opn. 103

The STATE of Nevada DEPARTMENT OF BUSINESS AND INDUSTRY, FINANCIAL INSTITUTIONS DIVISION, Appellant, v. DOLLAR LOAN CENTER, LLC, a Domestic Limited Liability Company, Respondent.

Supreme Court of Nevada.

FILED December 26, 2017.


Attorney(s) appearing for the Case

Adam Paul Laxalt , Attorney General, Lawrence J.C. VanDyke , Solicitor General, William J. McKean , Chief Deputy Attorney General, David J. Pope , Senior Deputy Attorney General, and Rickisha L. Hightower-Singletary and Vivienne Rakowsky , Deputy Attorneys General, Carson City, for Appellant.

Holland & Hart LLP and Patrick John Reilly and Erica C. Smit , Las Vegas, for Respondent.

BEFORE THE COURT EN BANC.


OPINION

In this appeal, we must determine whether a payday loan licensee can sue to collect on the recovery of a loan made for the purpose of refinancing prior loans under NRS 604A.480(2). We conclude that NRS 604A.480(2)(f) bars a licensee from bringing any type of enforcement action on a refinancing...

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