{"data":{"id":"us-nv/nrs-598.982144","jurisdiction":"us-nv","citation":"NRS 598.982144","heading":"Distributed generation system financier required to verbally communicate and confirm information relating to agreement; verbal communication must be recorded before commencement of installation; maintenance of recording required.","body":"1. A distributed generation system financier shall, in person or by telephone or videoconference, verbally:\n(a) Confirm the identity of a borrower under an agreement for the provision of a distributed generation system loan or a lessee under an agreement for the lease of a distributed generation system;\n(b) For a borrower, communicate to the borrower the terms and conditions of the agreement for the provision of a distributed generation system loan, including, without limitation, any fees charged by the distributed generation system financier;\n(c) For a lessee, communicate to the lessee the information required to be included in a cover page pursuant to NRS 598.9809; and\n(d) Confirm that the borrower or lessee understands the information communicated pursuant to paragraphs (b) and (c).\n2. The verbal communication required by subsection 1 must be:\n(a) Recorded by the distributed generation system financier; and\n(b) Conducted before the commencement of the installation of the distributed generation system.\n3. A distributed generation system financier shall maintain the recording required by subsection 2 for not less than 5 years after the date of the final inspection of the distributed generation system.","path":["TITLE 52 — TRADE REGULATIONS AND PRACTICES","CHAPTER 598 - DECEPTIVE TRADE PRACTICES","DISTRIBUTED GENERATION SYSTEMS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-598.html#NRS598Sec982144","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:43Z","sha256":"c0512a963316809535240adc955c008cf073258a2170dd943d9c8329c507c369","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-598.982143","next":"us-nv/nrs-598.982145"},"notice":"GroundRules: Original legal text. Not legal advice."}
