NRS 97B.140
Consumer form contracts: Void if entered into with unlicensed person required to be licensed.

Any consumer form contract entered into by a consumer with a person who is required to be licensed pursuant to any provision of NRS or NAC in order to enter into the consumer transaction, but is not so licensed, is void. Neither the obligee nor any assignee of the obligation may collect, receive or retain any principal, finance charge or other fees in connection with the transaction.

Source: Section 97B.140 — Consumer form contracts: Void if entered into with unlicensed person required to be licensed., https://www.leg.state.nv.us/NRS/NRS-97B.html#NRS97BSec140.

97B.010
Short title. 97B.020
Purpose of chapter 97B.030
Definitions. 97B.040
“Business” defined. 97B.050
“Consumer” defined. 97B.060
“Consumer debt” defined. 97B.070
“Consumer form contract” defined. 97B.080
Prohibition against use of consumer form contract 97B.090
Exemptions from chapter. 97B.100
Consumer form contracts: Enforceability of choice of law and forum selection provisions. 97B.110
Consumer form contracts: Requirement for signature of consumer. 97B.120
Consumer form contracts: Prohibition on the inclusion of certain provisions. 97B.130
Consumer form contracts: Provisions that violate chapter void 97B.140
Consumer form contracts: Void if entered into with unlicensed person required to be licensed. 97B.150
Award of interest 97B.160
Award of attorney’s fees when plaintiff is prevailing party in action to collect consumer debt. 97B.170
Award of attorney’s fees when debtor is prevailing party in action to collect consumer debt.

Last Updated

Feb. 5, 2021

§ 97B.140’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_97b.140

Original Source: Section 97B.140 — Consumer form contracts: Void if entered into with unlicensed person required to be licensed., https://www.leg.state.nv.us/NRS/NRS-97B.html#NRS97BSec140 (last accessed Feb. 5, 2021).

NRS 97B.140 Consumer form contracts: Void if entered into with unlicensed person required to be licensed.

NRS 97B.140
Consumer form contracts: Void if entered into with unlicensed person required to be licensed.