Nevada § 604A.105 - “Revised Statutes Title loan” defined
Full text of Nevada Nevada Revised Statutes § 604A.105 — “Revised Statutes Title loan” defined, with citation guidance and answers to common questions.
§ 604A.105. “Revised Statutes Title loan” defined
1. “ Title loan ” means a loan made to a customer pursuant to a loan agreement which, under its original
terms: (a) Charges an annual percentage rate of more than 35 percent; and (b) Requires the customer to secure the loan by either: (1) Giving possession of the title to a vehicle legally owned by the customer to the
licensee or any agent, affiliate or subsidiary of the licensee; or (2) Perfecting a security interest in the vehicle by having the name of the licensee
or any agent, affiliate or subsidiary of the licensee noted on the title as a lienholder. 2. The term does not include a loan which creates a purchase-money security interest
in a vehicle or the refinancing of any such loan.
Frequently Asked Questions About Nevada § 604A.105
What does Nevada Revised Statutes § 604A.105 cover?
Section 604A.105 ("“Revised Statutes Title loan” 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 § 604A.105?
A common citation format is "Nevada Revised Statutes § 604A.105" (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 § 604A.105 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.