{"data":{"id":"us-nv/nrs-97.304","jurisdiction":"us-nv","citation":"NRS 97.304","heading":"Enforceability of default on part of buyer.","body":"Notwithstanding the provisions of any contract to the contrary, default on the part of the buyer is only enforceable to the extent that:\n1. The buyer fails to make a payment as required by the agreement; or\n2. The prospect of payment, performance or realization of collateral is significantly impaired. The burden of establishing the prospect of significant impairment is on the seller.","path":["TITLE 8 — COMMERCIAL INSTRUMENTS AND TRANSACTIONS","CHAPTER 97 - RETAIL INSTALLMENT SALES OF GOODS AND SERVICES","REMEDIES, ENFORCEMENT AND PENALTIES"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-097.html#NRS097Sec304","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:31Z","sha256":"17dde8a755e4d447064344513e6c68a7171c565b3aa62f378c4bb58e362630e2","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-97.301","next":"us-nv/nrs-97.305"},"notice":"GroundRules: Original legal text. Not legal advice."}