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2021 Nevada Revised Statutes
Chapter 97 - Retail Installment Sales of Goods and Services
NRS 97.031 - "Finance charge" defined.
Universal Citation:
NV Rev Stat § 97.031 (2021)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
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"Finance charge" means the cost of credit indicated in a dollar amount. The term includes any charge payable directly or indirectly by the buyer and imposed directly or indirectly by the seller as an incident to or a condition of the extension of credit. The term does not include any charge of a type payable in a comparable cash transaction.
(Added to NRS by 1995, 1801)
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