NRS598.875. Requirements for contracts for membership. [Effective through June 30, 2015.]  


Latest version.
  •   Each contract for membership in an organization must:

          1.  Be in writing, legible and have all spaces filled in before the buyer signs it;

          2.  Be in the language in which the sales presentation was given;

          3.  Contain the addresses of the buyer and the organization;

          4.  Be given to the buyer when he or she signs it;

          5.  Specify the term of the membership of the buyer, which may not be measured by the buyer’s life;

          6.  Clearly specify the buyer’s right to cancel the contract pursuant to NRS 598.885;

          7.  Clearly specify the buyer’s right to rescind the contract and to be given a refund pro rata pursuant to NRS 598.910 and the conditions and limitations on that right;

          8.  Clearly specify the buyer’s right to a refund on the purchase of goods pursuant to NRS 598.895 and the conditions and limitations on that right; and

          9.  Clearly specify whether or not the buyer is given any other rights to a refund on the purchase of goods or services and, if so, any conditions and limitations on those rights.

      (Added to NRS by 1985, 963; A 1997, 3199; 2005, 1375; 2009, 2722; 2011, 2652; 2013, 1054)