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NRS 598B.050

“Credit” defined

Known as the Nevada Equal Credit Opportunity Law

The act spans §§ 598B.010 to 598B.180 (21 sections).

(Added to NRS by 1975, 827)

“Credit” means the right granted by a creditor to any person to:

1. Incur a debt and defer its payment.

2. Purchase property or services and defer payment for the purchase.

3. Defer payment of an existing debt.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.