Limitation on annual percentage rate.

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A licensee who makes a loan under this chapter that constitutes consumer credit to a covered service member or his or her dependent shall not charge the covered service member or dependent an annual percentage rate with respect to the loan except as:

1. Agreed to under the terms of the loan agreement;

2. Authorized by applicable state and federal law; and

3. Not specifically prohibited by NRS 99.050, 675.3695 and 675.3697.

(Added to NRS by 2019, 950)


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