Title 52

NRS 598.701 Definitions. As used in NRS 598.701 to 598.736, inclusive, unless the context otherwise requires, the words and terms defined in NRS 598.706, 598.711 and 598.716 have the meanings ascribed to them in those sections. (Added to NRS by 1997, 3192)

NRS 598.706 “Commissioner” defined. “Commissioner” means the Commissioner of Mortgage Lending of the Department of Business and Industry. (Added to NRS by 1997, 3192; A 2009, 2719)

NRS 598.711 “Division” defined. “Division” means the Division of Mortgage Lending of the Department of Business and Industry. (Added to NRS by 1997, 3192; A 2009, 2719)

NRS 598.716 “Registrant” defined. “Registrant” means a credit service organization which is required to register and post security with the Division pursuant to the provisions of this chapter. (Added to NRS by 1997, 3192; A 2009, 2719)

NRS 598.721 Registration: Application; fee; deposit of security; certificate of registration; renewal of certificate. 1. Each credit service organization regulated by the provisions of this chapter shall apply for registration on the form prescribed by the Division. 2. At the tim…

NRS 598.726 Security required for registration: Form; term; records; rejection for nonconformance; change in form; inadequate amount. 1. Each registrant shall deposit with the Division: (a) A bond executed by a corporate surety approved by the Commissioner and licensed to do busi…

NRS 598.731 Rights and remedies of injured consumers; resolution by Division of claims against security; regulations. 1. The security required to be deposited by a registrant pursuant to NRS 598.726 must be held in trust for consumers injured by the bankruptcy of the registrant o…

NRS 598.736 Release of security if registrant ceases to operate or registration expires. 1. If no claims have been filed against the security deposited with the Division pursuant to NRS 598.726 within 6 months after the registrant ceases to operate or his or her registration expi…

NRS 598.741 Definitions. As used in NRS 598.741 to 598.787, inclusive, unless the context otherwise requires: 1. “Buyer” means a natural person who is solicited to purchase or who purchases the services of an organization which provides credit services. 2. “Commissioner” means th…

NRS 598.746 Prohibited acts: Receiving money before complete performance; receiving money for referral to provider of credit; misleading statements; other fraudulent or deceptive acts. An organization and its agents, employees and representatives who sell or attempt to sell the s…

NRS 598.752 Organization to register and deposit security before advertising services or conducting business in this State; separate security not required from salesperson, agent or representative of organization; regulations. 1. Before advertising its services or conducting busi…

NRS 598.757 Organization to provide buyer certain information in writing. 1. Before the execution of a contract between the buyer and an organization or before the receipt by the organization of any money or other valuable consideration, whichever occurs first, the organization m…

NRS 598.762 Requirements of contract for purchase of services; copy of contract must be retained by organization. 1. A contract between a buyer and an organization for the purchase of the services of the organization: (a) Must be in writing; (b) Must be signed by the buyer; (c) M…

NRS 598.767 Organization to maintain registered agent for service of legal process. An organization shall file with the Division the information required pursuant to NRS 77.310 and continuously maintain a registered agent for service of legal process. (Added to NRS by 1993, 2272;…

NRS 598.772 Waiver of statutory rights prohibited; burden of proof upon person claiming exemption or exception from definition. 1. Any waiver by a buyer of the provisions of NRS 598.746 to 598.777, inclusive, is contrary to public policy and is void and unenforceable. Any attempt…

NRS 598.777 Buyer’s action for recovery of damages or injunctive relief; attorney’s fees; punitive damages. A buyer injured by a violation of NRS 598.746 to 598.772, inclusive, or by a breach by an organization of a contract subject to those sections, may bring an action for reco…

NRS 598.782 Criminal penalty. 1. Except as otherwise provided in subsection 2, a person who violates any provision of NRS 598.746 to 598.772, inclusive, is guilty of a misdemeanor. 2. A person who breaches a contract subject to NRS 598.746 to 598.772, inclusive, is not guilty of …

NRS 598.787 Provisions and remedies not exclusive; violation constitutes deceptive trade practice. 1. The provisions of NRS 598.746 to 598.777, inclusive, are not exclusive and do not relieve the parties or the contracts subject thereto from compliance with any other applicable p…

NRS 598.840 Definitions. As used in NRS 598.840 to 598.930, inclusive, unless the context otherwise requires: 1. “Affiliate organization” means an organization for buying goods or services at a discount that: (a) Is a subsidiary of a parent business entity; or (b) Operates under …

NRS 598.845 Scope. An organization in which: 1. The consideration for the contract for membership is $50 or less or is an annual fee of $25 or less; or 2. Providing goods or services at a discount is not the primary purpose of the organization but is incidental to membership in t…

NRS 598.851 Organization to register and post security before advertising services or conducting business in this State. Before advertising its services or conducting business in this State, an organization for buying goods or services at a discount must register pursuant to NRS …

NRS 598.852 Organization to register on prescribed form and pay fee; certificate of registration; renewal of certificate. 1. Each organization for buying goods or services at a discount regulated by the provisions of NRS 598.840 to 598.930, inclusive, shall apply for registration…

NRS 598.853 Security required for registration: Form; term; records; rejection for nonconformance; change in form; inadequate amount. 1. Each registrant shall deposit with the Unit: (a) A bond executed by a corporate surety approved by the Commissioner and licensed to do business…

NRS 598.854 Rights and remedies of injured consumers; resolution by Unit of claims against security; regulations. 1. The security required to be deposited by a registrant pursuant to NRS 598.853 must be held in trust for consumers injured by the bankruptcy of the registrant or th…

NRS 598.8541 Release of security if registrant ceases to operate or registration expires. 1. If no claims have been filed against the security deposited with the Unit pursuant to NRS 598.853 within 6 months after the registrant ceases to operate or his or her registration expires…

NRS 598.855 Trust account required for payments on contracts. 1. Before the organization receives any money from any buyer pursuant to a contract for membership in the organization, it shall establish a trust account for payments on contracts at a financial institution that is fe…

NRS 598.860 Trust account required for payments on goods and services. 1. Before the organization accepts money from any buyer for an order of goods or services, it shall establish a trust account for the deposit of payments on goods or services. The organization shall deposit al…

NRS 598.865 Administration of trust accounts; audits. 1. Except as otherwise provided in subsection 3 of NRS 598.855, the trust accounts required by NRS 598.855 and 598.860 must be administered by an independent trustee approved by the Commissioner. All fees charged by the truste…

NRS 598.870 Disclosure of information to buyer required before buyer signs contract or application for membership. Each organization, before the prospective buyer signs a contract or application for membership in the organization, shall give to the buyer in writing: 1. A descript…

NRS 598.875 Requirements for contracts for membership. Each contract for membership in an organization must: 1. Be in writing, legible and have all spaces filled in before the buyer signs it; 2. Be in the language in which the sales presentation was given; 3. Contain the addresse…

NRS 598.880 Limits on contracts for membership. A contract for membership in an organization must not: 1. Require payments or financing by the buyer for more than 2 years from the date the contract was executed; or 2. Deny a third party the right to assert a cause of action or de…

NRS 598.885 Cancellation of contract by buyer; notice required. The buyer may cancel a contract for membership in an organization by giving the organization written notice of the cancellation within 3 business days after he or she receives a copy of the contract. The notice must …

NRS 598.890 Membership of buyer effective 7 days after contract signed. The membership of the buyer in an organization becomes effective 7 days after the contract for membership is signed. (Added to NRS by 1985, 964)

NRS 598.895 Refund required, if requested, for goods not delivered within 6 weeks. If any goods ordered by the buyer are not delivered to the buyer or available for pickup by the buyer at a location within his or her county of residence within 6 weeks after he or she places the o…

NRS 598.900 Untrue or misleading statements by organization prohibited; effect on contract. An organization shall not make any untrue or misleading representations to the buyer or in its advertising. A contract for membership in an organization where any untrue or misleading repr…

NRS 598.905 Correction of violations. If an organization does not comply with the provisions of NRS 598.840 to 598.895, inclusive, or 598.905 to 598.930, inclusive, the buyer may agree in writing, after a full disclosure, to any correction of the defect if the correction is made …

NRS 598.910 Effect of transfer by organization of its obligation to provide goods or services; circumstances under which buyer may rescind contract. 1. If an organization transfers its obligation to provide goods or services to a buyer to another organization which provides subst…

NRS 598.915 Waiver of statutory rights is void. Any waiver by the buyer of the provisions of NRS 598.840 to 598.930, inclusive, is contrary to public policy and void. (Added to NRS by 1985, 964; R temp. 2009, 2732; R temp. 2011, 2652; R temp. 2013, 1054; R temp. 2015, 3653; R tem…

NRS 598.920 Actions against organization; restitution, treble damages, attorney’s fees and costs may be awarded. 1. A cause of action or a defense of a buyer against the organization is not extinguished by the transfer, assignment or sale of the contract for membership in the org…

NRS 598.930 Remedies not exclusive; violation constitutes deceptive trade practice. 1. The remedies, duties and prohibitions of NRS 598.840 to 598.930, inclusive, are not exclusive and are in addition to any other remedies provided by law. 2. Any violation of NRS 598.851 to 598.9…

NRS 598.940 Definitions. As used in NRS 598.940 to 598.966, inclusive, unless the context otherwise requires, the words and terms defined in NRS 598.9403 to 598.9418, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 1989, 2037; A 1993, 1801, 1962;…

NRS 598.9403 “Business day” defined. “Business day” means any calendar day except Sunday, or the following business holidays: New Year’s Day, Martin Luther King, Jr.’s Birthday, Washington’s Birthday, Memorial Day, Independence Day, Labor Day, Nevada Day, Veterans Day, Thanksgivi…

NRS 598.9405 “Buyer” defined. “Buyer” means any person who purchases by contract dance lessons, the use of facilities or other services from a dance studio or health club. (Added to NRS by 1993, 1956)

NRS 598.9407 “Commissioner” defined. “Commissioner” means the Commissioner of Consumer Affairs. (Added to NRS by 1993, 1956; R temp. 2009, 2732; R temp. 2011, 2652; R temp. 2013, 1054; R temp. 2015, 3653; R temp. 2017, 2254; R temp. 2019, 2501; A 2021, 2745)

NRS 598.941 “Dance studio” defined. “Dance studio” means any enterprise that offers instruction in ballroom or other types of dancing, including lessons or other services, except: 1. A nonprofit public or private school, college or university; 2. The State or any political subdiv…

NRS 598.9415 “Health club” defined. “Health club” means any enterprise which offers the use of its facilities for the maintenance or development of physical fitness or the control of weight, except: 1. A nonprofit public or private school, college or university; 2. The State or a…