Nev. Rev. Stat. § 604A.580
Required disclosures
Nevada · Nevada Revised Statutes Chapter 604A — Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services · Status: effective
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- Citation
- Nev. Rev. Stat. § 604A.580, Required disclosures, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2134016
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Full text
1. A licensee who has been issued a license to operate a high-interest loan service pursuant to this chapter shall comply with the disclosure requirements of NRS 604A.405 and the Federal Truth in Lending Act. A loan agreement between such a licensee and a customer must fully disclose the terms of the transaction, including, without limitation, the amount of any fees charged for providing high-interest loan services represented in both a dollar amount and as an annual percentage rate.
2. A licensee described in subsection 1 shall prominently disclose in the loan agreement all fees charged for providing high-interest loan services to a customer before he or she enters into the transaction process.