Required elements for determination of validity of debt: Existence; amount; balance due.

For the purposes of NRS 353C.1965 and NAC 353C.600 to 353C.725 , inclusive, the determination of the validity of a debt requires the State Controller to determine: 1. The existence of the debt; 2. The amount of the debt; and 3. The balance due on the debt. For the purposes of this subsection, the balance due on a debt is the amount of the debt assigned by an agency to the State Controller for collection pursuant to NRS 353C.195 , minus any payments on the debt made by a licensee after the date of the assignment, plus: (a) Any fees owed by the licensee to the State Controller pursuant to a specific statute, including, without limitation, NRS 353C.135 , for collection of the debt; (b) Any costs and fees actually incurred to collect the debt; and (c) Any interest on the debt due under the terms of an agreement with the licensee for the payment of the debt pursuant to NRS 353C.130 .