2015 Nevada Revised Statutes
Chapter 598 - Deceptive Trade Practices
NRS 598.875 - Requirements for contracts for membership. [Effective through June 30, 2015.]

Each contract for membership in an organization must:

1. Be in writing, legible and have all spaces filled in before the buyer signs it;

2. Be in the language in which the sales presentation was given;

3. Contain the addresses of the buyer and the organization;

4. Be given to the buyer when he or she signs it;

5. Specify the term of the membership of the buyer, which may not be measured by the buyer’s life;

6. Clearly specify the buyer’s right to cancel the contract pursuant to NRS 598.885;

7. Clearly specify the buyer’s right to rescind the contract and to be given a refund pro rata pursuant to NRS 598.910 and the conditions and limitations on that right;

8. Clearly specify the buyer’s right to a refund on the purchase of goods pursuant to NRS 598.895 and the conditions and limitations on that right; and

9. Clearly specify whether or not the buyer is given any other rights to a refund on the purchase of goods or services and, if so, any conditions and limitations on those rights.

(Added to NRS by 1985, 963; A 1997, 3199; 2005, 1375; 2009, 2722; 2011, 2652; 2013, 1054)

NRS 598.875 Requirements for contracts for membership. [Effective July 1, 2015.] Each contract for membership in an organization must:

1. Be in writing, legible and have all spaces filled in before the buyer signs it;

2. Be in the language in which the sales presentation was given;

3. Contain the addresses of the buyer and the organization;

4. Be given to the buyer when he or she signs it;

5. Disclose that the security required by NRS 598.726, 598.851 and, if applicable, NRS 598.855 has been obtained and deposited with the Consumer Affairs Division;

6. Specify the term of the membership of the buyer, which may not be measured by the buyer’s life;

7. Clearly specify the buyer’s right to cancel the contract pursuant to NRS 598.885;

8. Clearly specify the buyer’s right to rescind the contract and to be given a refund pro rata pursuant to NRS 598.910 and the conditions and limitations on that right;

9. Clearly specify the buyer’s right to a refund on the purchase of goods pursuant to NRS 598.895 and the conditions and limitations on that right; and

10. Clearly specify whether or not the buyer is given any other rights to a refund on the purchase of goods or services and, if so, any conditions and limitations on those rights.

(Added to NRS by 1985, 963; A 1997, 3199; 2005, 1375; 2009, 2722; 2011, 2652; 2013, 1054, effective July 1, 2015)