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2022 Nevada Revised Statutes
Chapter 97B - Consumer Protection From Predatory Interest
NRS 97B.140 - Consumer form contracts: Void if entered into with unlicensed person required to be licensed.
Universal Citation: NV Rev Stat § 97B.140 (2022)
Any consumer form contract entered into by a consumer with a person who is required to be licensed pursuant to any provision of NRS or NAC in order to enter into the consumer transaction, but is not so licensed, is void. Neither the obligee nor any assignee of the obligation may collect, receive or retain any principal, finance charge or other fees in connection with the transaction.
(Added to NRS by 2019, 2310)
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