Notwithstanding any other provision of law:
1. If a borrower is a member of the military, a licensee shall:
(a) Honor the terms of any repayment plan between the licensee and borrower, including, without limitation, any repayment plan negotiated through military counselors or third-party credit counselors.
(b) Honor any proclamation by a base commander that a certain branch location of the licensee is off-limits to members of the military and their spouses.
2. If a borrower is a member of the military, a licensee shall not:
(a) Garnish or threaten to garnish any wages or salary of the borrower or his or her spouse; or
(b) Contact or threaten to contact the military chain of command of a borrower in an effort to collect the loan.
3. If a borrower is a member of the military and is deployed to a combat or combat supporting position, a licensee shall not engage in any collection activity against the borrower or his or her spouse.
4. As used in this section, "military" means the Armed Forces of the United States, a reserve component thereof or the National Guard.
(Added to NRS by 2007, 2858)
Structure Nevada Revised Statutes
Chapter 675 - Installment Loans
NRS 675.030 - Legislative declaration.
NRS 675.035 - Applicability of chapter.
NRS 675.040 - Applicability of chapter; exemptions.
NRS 675.050 - Effect of amendment or repeal of chapter on preexisting lawful contracts.
NRS 675.070 - Application of NRS 675.060 to persons who seek to evade.
NRS 675.100 - Fees for application and investigation; regulations.
NRS 675.110 - Investigation by Commissioner; notice; hearing; order.
NRS 675.120 - Issuance of license subsequent to findings by Commissioner.
NRS 675.130 - Required statements on license.
NRS 675.150 - Procedure for denial of license.
NRS 675.160 - Disposition of money collected pursuant to chapter.
NRS 675.170 - Regulations and orders of Commissioner.
NRS 675.180 - Licensee to maintain minimum assets.
NRS 675.190 - Posting of licenses.
NRS 675.200 - Transferability or assignability of license.
NRS 675.230 - Restriction on location of business of making loans.
NRS 675.240 - Name under which business transactable by licensee; loans by mail.
NRS 675.245 - Use or change of business name; prohibitions.
NRS 675.280 - False, misleading or deceptive advertising prohibited.
NRS 675.285 - Commissioner required to investigate alleged violations of chapter.
NRS 675.296 - Practices regarding customers who are members of military.
NRS 675.300 - Insurance as security for loans: Conditions; limitations.
NRS 675.310 - Collection of loans made outside State.
NRS 675.340 - Assignment of wages as security invalid.
NRS 675.350 - Prohibited practices by licensees.
NRS 675.360 - Duties of licensee.
NRS 675.361 - Terms of written agreement.
NRS 675.363 - Calculation of interest; billing cycle.
NRS 675.365 - Fees and charges.
NRS 675.369 - Written statement to borrower; copy of draft or order for payment.
NRS 675.3693 - Limitation on annual percentage rate.
NRS 675.3695 - Information required to be provided by licensee.
NRS 675.3697 - Prohibited practices by licensee.
NRS 675.370 - License remains effective until expiration, surrender, revocation or suspension.
NRS 675.380 - Authority of Commissioner to investigate business; free access required.
NRS 675.400 - Commissioner to examine licensee’s business annually; fee.
NRS 675.410 - Temporary suspension of license: Conditions; notice; hearing; term of suspension.
NRS 675.420 - Surrender of license by licensee; surrender as affecting licensee’s liability.
NRS 675.440 - Revocation or suspension of license: Grounds; notice; hearing; order.
NRS 675.445 - Revocation or suspension of license: Additional grounds.