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

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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)


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