Nev. Rev. Stat. § 604A.5063

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 604A.5063 - Receipt required for each payment by customer; contents

In addition to any other provision in this chapter, each time a customer who receives a high-interest loan makes a payment to a licensee who operates a high-interest loan service, the licensee shall give to the customer a receipt with the following information:

1. The name and address of the licensee;

2. The identification number assigned to the loan agreement or other information that identifies the high-interest loan;

3. The date of the payment;

4. The amount paid;

5. The balance due on the high-interest loan or, when the customer makes a final payment, a statement that the high-interest loan is paid in full; and

6. If more than one loan made by the licensee to the customer was outstanding at the time the payment was made, a statement indicating to which loan the payment was applied.

NRS 604A.5063

(Added to NRS by 2005, 1698)-(Substituted in revision for part of NRS 604A.495)

(Added to NRS by 2005, Ch. 414, § 46) - (Substituted in revision for part of NRS 604A.495)