“Settlement fee” means a charge imposed on or paid by an individual in connection with a creditor’s assent to accept in full satisfaction of a debt an amount less than the principal amount of the debt.
NRS 676A.230
“Settlement fee” defined
Known as the Uniform Debt-Management Services Act
The act spans §§ 676–676 (70 sections).
(Added to NRS by 2009, 1972)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.