Nevada § 97.125 - “Retail seller” and “seller” defined
Full text of Nevada Nevada Revised Statutes § 97.125 — “Retail seller” and “seller” defined, with citation guidance and answers to common questions.
§ 97.125. “Retail seller” and “seller” defined
1. “ Retail seller ” or “ seller ” means: (a) A person engaged in the business of selling or leasing goods or services to retail
buyers or a licensee, franchisee, assignee or corporate affiliate or subsidiary of
such a person; (b) A person, other than a financial institution, who enters into agreements prescribing
the terms for the extension of credit pursuant to which the person may, with the buyer's
consent, purchase or acquire one or more obligations of the buyer to a retail seller
if the purchase, lease, loan or other obligation to be paid in accordance with the
agreement is evidenced by a sales slip or memorandum; or (c) A person, other than a financial institution, who regularly extends, whether in
connection with sales or leases of goods or services, credit which is payable by agreement
in more than four installments or for which the payment of a finance charge may be
required. 2. As used in this section, “ financial institution ” means: (a) A bank, credit union, savings institution or trust company organized under, or
supervised pursuant to, the laws of the United States or of any state, or any affiliate
or subsidiary thereof; or (b) A person licensed pursuant to chapter 675 of NRS .
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 97.125
What does Nevada Revised Statutes § 97.125 cover?
Section 97.125 ("“Retail seller” and “seller” defined") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 97.125?
A common citation format is "Nevada Revised Statutes § 97.125" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 97.125 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.