“Extension” defined
Known as the Payday Lender Best Practices Act
The act spans §§ 604–604 (176 sections).
Applied in 5 court decisions — leading case Nev. Dep't of Bus. & Indus., Fin. Insts. Div. v. Dollar Loan Ctr., LLC (2018)
Most recently applied in STATE, DEP'T OF BUS. AND INDUS. VS. TITLEMAX OF NEV., INC. (September 2021)
(Added to NRS by 2005, 1685)
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
1. “Extension” means any extension or rollover of a loan beyond the date on which the loan is required to be paid in full under the original terms of the loan agreement, regardless of the name given to the extension or rollover.
2. The term does not include a grace period.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.