NRS 670B.560: Compliance with certain federal regulations; maintenance of information security program; notification of Commissioner of notification events.

1. A licensee and a private education lender shall comply with the requirements set forth in 16 C.F.R. Part 314.

2. In addition to complying with the requirements set forth in 16 C.F.R. Part 314, a licensee and a private education lender shall:

(a) Maintain the information security program required by 16 C.F.R. § 314.3 as part of the books and records of the licensee or private education lender; and

(b) Notify the Commissioner of any notification event in accordance with the regulations adopted by the Commissioner pursuant to subsection 4 of NRS 658.105.

3. As used in this section:

(a) “Information security program” has the meaning ascribed to it in 16 C.F.R. § 314.2.

(b) “Notification event” has the meaning ascribed to it in 16 C.F.R. § 314.2.