NRS604A.210. Chapter does not prohibit licensee from offering customer grace period.

Latest version.

The provisions of this chapter do not prohibit a licensee from offering a customer a grace period on the repayment of a loan or an extension of a loan, except that the licensee shall not charge the customer:

1. Any fees for granting such a grace period; or

2. Any additional fees or additional interest on the outstanding loan during such a grace period.

(Added to NRS by 2005, 1686)

                    
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