A licensee may lend any amount of money:
1. At any rate of interest;
2. Subject to the imposition of any charge in any amount; and
3. Upon any schedule of repayment,
Ê to which the parties may agree.
Interest, charges and repayment
Known as the Nevada Thrift Companies Act
The act spans §§ 677–677 (106 sections).
Applied in 1 court decision — leading case Keresey v. Nevada National Bank (1982)
Most recently applied in Keresey v. Nevada National Bank (June 1982)
(Added to NRS by 1975, 1842; A 1979, 1000; 1985, 2208; 1989, 1100; 1997, 1022)
A licensee may lend any amount of money:
1. At any rate of interest;
2. Subject to the imposition of any charge in any amount; and
3. Upon any schedule of repayment,
Ê to which the parties may agree.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.