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

  1. Law
  2. Nevada Revised Statutes
  3. Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services
  4. Preexisting contracts unaffected by revocation, suspension, expiration or surrender of license.

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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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