Nev. Rev. Stat. § 604A.5983

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

Section 604A.5983 - Prohibited annual percentage rates

A licensee who makes a loan that constitutes consumer credit to a covered service member or his or her dependent shall not charge the covered service member or dependent an annual percentage rate with respect to the loan except as:

1. Agreed to under the terms of the written loan agreement entered into pursuant to NRS 604A.5012, 604A.504 or 604A.5067, as applicable;

2. Authorized by applicable state and federal law; and

3. Not specifically prohibited by NRS 99.050, 604A.5985 and 604A.5987.

NRS 604A.5983

Added to NRS by 2019, 941

Added by 2019, Ch. 177,§5, eff. 10/1/2019.