Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE56 OTHER FINANCIAL INSTITUTIONS |
CHAPTER675. Installment Loans |
REVOCATION AND SUSPENSION OF LICENSES |
NRS675.450. Preexisting contracts unaffected by revocation, suspension, expiration or surrender of license.
Latest version.
- No revocation, suspension, expiration or surrender of any license impairs or affects the obligation of any preexisting lawful contract between the licensee and any obligors. Such a contract and all lawful charges thereon may be collected by the licensee, its successors or assigns.
(Added to NRS by 1959, 237; A 1989, 922)