97.175 - Seller to provide certain creditor disclosures to buyer. - Nevada Statutes

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Statutes > Nevada > Title-8 > Chapter-97 > Retail-installment-contracts > 97-175

97.175 Seller to provide certain creditor disclosures to buyer.

1. Before any credit is extended, the retail seller shall provide to the retail buyer any disclosures required to be made by a creditor pursuant to 15 U.S.C. § 1638.

2. Until the seller provides the required disclosures pursuant to subsection 1, the buyer is obligated to pay only the cash sales price.

3. Any acknowledgment by the buyer of delivery of a copy of the contract must be in a size equal to at least 10-point bold type and, if contained in the contract, must appear directly above the buyer’s signature.

(Added to NRS by 1965, 659; A 2009, 1274)

State Codes and Statutes

Statutes > Nevada > Title-8 > Chapter-97 > Retail-installment-contracts > 97-175

97.175 Seller to provide certain creditor disclosures to buyer.

1. Before any credit is extended, the retail seller shall provide to the retail buyer any disclosures required to be made by a creditor pursuant to 15 U.S.C. § 1638.

2. Until the seller provides the required disclosures pursuant to subsection 1, the buyer is obligated to pay only the cash sales price.

3. Any acknowledgment by the buyer of delivery of a copy of the contract must be in a size equal to at least 10-point bold type and, if contained in the contract, must appear directly above the buyer’s signature.

(Added to NRS by 1965, 659; A 2009, 1274)

State Codes and Statutes

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State Codes and Statutes

Statutes > Nevada > Title-8 > Chapter-97 > Retail-installment-contracts > 97-175

97.175 Seller to provide certain creditor disclosures to buyer.

1. Before any credit is extended, the retail seller shall provide to the retail buyer any disclosures required to be made by a creditor pursuant to 15 U.S.C. § 1638.

2. Until the seller provides the required disclosures pursuant to subsection 1, the buyer is obligated to pay only the cash sales price.

3. Any acknowledgment by the buyer of delivery of a copy of the contract must be in a size equal to at least 10-point bold type and, if contained in the contract, must appear directly above the buyer’s signature.

(Added to NRS by 1965, 659; A 2009, 1274)