598.880 - Limits on contracts for membership.
598.880 Â Limits on contracts for membership. Â A contract for membership in an organization must not:
1. Â Require payments or financing by the buyer for more than 2 years from the date the contract was executed; or
2. Â Deny a third party the right to assert a cause of action or defense which the buyer has against the organization.
(Added to NRS by 1985, 963)