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2020 Nevada Revised Statutes
Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services
NRS 604A.850 - Preexisting contracts unaffected by revocation, suspension, expiration or surrender of license.
Universal Citation: NV Rev Stat § 604A.850 (2020)
A revocation, suspension, expiration or surrender of any license does not impair or affect the obligation of any preexisting lawful loan agreement between the licensee and any customer. Such a loan agreement and all lawful charges thereon may be collected by the licensee, its successors or assigns.
(Added to NRS by 2005, 1708)
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