NRS604A.850. Preexisting contracts unaffected by revocation, suspension, expiration or surrender of license.

Latest version.

A revocation, suspension, expiration or surrender of any license does not impair or affect the obligation of any preexisting lawful loan agreement between the licensee and any customer. Such a loan agreement and all lawful charges thereon may be collected by the licensee, its successors or assigns.

(Added to NRS by 2005, 1708)

                    
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