No revocation, suspension, expiration or surrender of any license impairs or affects 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.
NRS 675.450
Preexisting contracts unaffected by revocation, suspension, expiration or surrender of license
Known as the Nevada Installment Loan and Finance Act
The act spans §§ 675–675 (73 sections).
(Added to NRS by 1959, 237; A 1989, 922)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.