Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE56 OTHER FINANCIAL INSTITUTIONS |
CHAPTER676A. Uniform Debt-Management Services Act |
CONDUCT OF BUSINESS; DUTIES OF PROVIDERS |
NRS676A.620. Provider may terminate agreement for nonpayment.
Latest version.
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1. If an individual who has entered into an agreement fails for 60 days to make payments required by the agreement, a provider may terminate the agreement.
2. If a provider or an individual terminates an agreement, the provider shall immediately return to the individual any money of the individual held in trust for the benefit of the individual.
(Added to NRS by 2009, 1990; A 2013, 631)