NRS 675.3695
Information required to be provided by licensee.

1.

Before making a loan under this chapter 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 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.

3.

As used in this section:

(a)

“Regulation Z” has the meaning ascribed to it in NRS 604A.090.

(b)

“Truth in Lending Act” has the meaning ascribed to it in NRS 604A.120.

Source: Section 675.3695 — Information required to be provided by licensee., https://www.­leg.­state.­nv.­us/NRS/NRS-675.­html#NRS675Sec3695.

Last Updated

Jun. 24, 2021

§ 675.3695’s source at nv​.us