NRS 690D.055
“Guaranteed asset protection waiver” defined.


“Guaranteed asset protection waiver” means a contract pursuant to which a creditor, in exchange for separately stated consideration, agrees to waive part or all of the amount due to the creditor pursuant to a finance agreement in the event of a total physical damage loss or unrecovered theft of a vehicle covered by the finance agreement.

Source: Section 690D.055 — “Guaranteed asset protection waiver” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-690D.­html#NRS690DSec055 (accessed May 26, 2025).

May 26, 2025

§ 690D.055. “Guaranteed asset protection waiver” defined.'s source at nv​.us