This chapter or any part thereof may be modified, amended or repealed so as to effect a cancellation or alteration of any license or right of a licensee under this chapter, provided that such cancellation or alteration shall not impair or affect the obligation of any preexisting lawful contract between any licensee and any borrower.
NRS 675.050
Effect of amendment or repeal of chapter on preexisting lawful contracts
Known as the Nevada Installment Loan and Finance Act
The act spans §§ 675–675 (73 sections).
(Added to NRS by 1959, 227)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.