A licensee who has been issued a license to operate a deferred deposit loan service pursuant to this chapter shall provide to any customer who is unable to repay a deferred deposit loan in accordance with the loan agreement between the licensee and the customer the opportunity to enter into a repayment plan pursuant to NRS 604A.5027. Such a licensee shall disclose the availability of such a repayment plan to any customer who is unable to repay a deferred deposit loan.
(Added to NRS by 2015, 1145) — (Substituted in revision for part of NRS 604A.560)