Nevada Revised Statutes
Chapter 690C - Service Contracts
NRS 690C.270 - Cancellation: Grounds; effective date.


1. No service contract that has been in effect for at least 70 days may be cancelled by the provider before the expiration of the agreed term or 1 year after the effective date of the service contract, whichever occurs first, except on any of the following grounds:
(a) Failure by the holder to pay an amount when due;
(b) Conviction of the holder of a crime which results in an increase in the service required under the service contract;
(c) Discovery of fraud or material misrepresentation by the holder in obtaining the service contract, or in presenting a claim for service thereunder;
(d) Discovery of:
(1) An act or omission by the holder; or
(2) A violation by the holder of any condition of the service contract,
which occurred after the effective date of the service contract and which substantially and materially increases the service required under the service contract; or
(e) A material change in the nature or extent of the required service or repair which occurs after the effective date of the service contract and which causes the required service or repair to be substantially and materially increased beyond that contemplated at the time that the service contract was issued or sold.
2. No cancellation of a service contract may become effective until at least 15 days after the notice of cancellation is mailed to the holder.
(Added to NRS by 1999, 3340)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 690C - Service Contracts

NRS 690C.010 - Definitions.

NRS 690C.020 - "Administrator" defined.

NRS 690C.030 - "Consumer" defined.

NRS 690C.040 - "Contractual liability insurance policy" defined.

NRS 690C.045 - "Controlling person" defined.

NRS 690C.050 - "Goods" defined.

NRS 690C.060 - "Holder" defined.

NRS 690C.070 - "Provider" defined.

NRS 690C.080 - "Service contract" defined.

NRS 690C.100 - Applicability of chapter.

NRS 690C.110 - General tax on premiums not applicable.

NRS 690C.120 - Applicability of other provisions.

NRS 690C.150 - Required to issue, sell or offer for sale service contracts.

NRS 690C.155 - Determination of controlling person of provider.

NRS 690C.160 - Application; fees; period of validity; renewal.

NRS 690C.170 - Financial security: Requirements; limitation on use of money in reserve account; effect of failure to maintain.

NRS 690C.200 - Name of provider.

NRS 690C.210 - Requirements of contractual liability insurance policy; holder authorized to apply to issuer of policy for performance in certain circumstances.

NRS 690C.215 - Transfer of liability without approval of Commissioner prohibited; exception.

NRS 690C.220 - Requiring purchase of service contract as condition of loan or purchase of goods prohibited.

NRS 690C.230 - Receipt or written evidence of purchase of service contract required from provider; copy of service contract required to be furnished to holder within reasonable time.

NRS 690C.240 - Provider ceasing to do business: Notification; effect.

NRS 690C.250 - Conditions under which service contract void and refund required; right of original purchaser; provision stating right required; requirements for refund; penalty.

NRS 690C.260 - Contents; false or misleading statement prohibited; authority of Commissioner to require amendment of false or misleading statement.

NRS 690C.270 - Cancellation: Grounds; effective date.

NRS 690C.300 - Regulations.

NRS 690C.310 - Retention of records by provider.

NRS 690C.320 - Examinations by Commissioner.

NRS 690C.325 - Suspension, limitation, revocation or refusal to renew certificate of registration: Grounds; administrative fine; immediate suspension.

NRS 690C.330 - Civil penalty for violation of chapter or order or regulation of Commissioner.