Nev. Rev. Stat. § 598.851

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 598.851 - Organization to register and post security before advertising services or conducting business in this State

Before advertising its services or conducting business in this State, an organization for buying goods or services at a discount must register pursuant to NRS 598.852 and post security in the amount of $50,000 with the Consumer Affairs Unit pursuant to NRS 598.853. The security must be conditioned on compliance by the organization with the provisions of NRS 598.840 to 598.930, inclusive, the terms of the buyer's contract for membership in the organization and the terms of any contract with the buyer for the purchase of goods or services.

NRS 598.851

Added to NRS by 1997, 3194; A 2005, 1374; R temp. 2009, 2732; R temp. 2011, 2652; R temp. 2013, 1054; R temp. 2015, 3653; R temp. 2017, 2254; R temp. 2019, 2501

Amended by 2017, Ch. 365,§2, eff. 6/4/2017.

Amended by 2015, Ch. 528,§16, eff. 6/10/2015.

Amended by 2013, Ch. 250,§1, eff. 5/28/2013.

Added to NRS by 1997, 3194; A 2005, 1374; R temp. 2009, 2732; R temp. 2011, 2652, expires by limitation on June 30, 2017.