NRS 675.3695: Information required to be provided by licensee.
Where this section sits in the code
- TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS
- CHAPTER 675 - INSTALLMENT LOANS
- CONSUMER CREDIT TO COVERED SERVICE MEMBERS
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.
Collected 2026-09-03T05:51:45Z. Source file · JSON