Nevada Trade Regulations and Practices

Sec. § 604A.5985
Required disclosures.


1.

Before making a loan that constitutes consumer credit to a covered service member or a dependent of a covered service member, a licensee shall provide the following information to the covered service member or the dependent of a covered service member, as applicable, both orally and in writing:

(a)

A statement of the annual percentage rate of interest applicable to the loan;

(b)

Any disclosures required by the provisions of the Truth in Lending Act and any regulations adopted pursuant thereto; and

(c)

A clear description of the payment obligations of the covered service member or dependent, as applicable.

2.

A licensee shall present the disclosures required by subsection 1 in accordance with the provisions of Regulation Z.
Source

Last accessed
Feb. 5, 2021