Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE56 OTHER FINANCIAL INSTITUTIONS |
CHAPTER677. Thrift Companies |
ADMINISTRATION AND ENFORCEMENT |
Remedial Actions |
NRS677.520. Preexisting contracts unaffected by revocation, suspension, expiration or surrender of license.
Latest version.
- The revocation, suspension, expiration or surrender of any license does not impair or affect 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 1975, 1837; A 1989, 923)