Nevada § 604A.210 - Chapter does not prohibit licensee from offering customer grace period; restrictions
Full text of Nevada Nevada Revised Statutes § 604A.210 — Chapter does not prohibit licensee from offering customer grace period; restrictions, with citation guidance and answers to common questions.
§ 604A.210. Chapter does not prohibit licensee from offering customer grace period; restrictions
1. The provisions of this chapter do not prohibit a licensee from offering a customer
a grace period on the repayment of a loan or an extension of a loan, except that the
licensee shall not grant a grace period for the purpose of artificially increasing
the amount which a customer would otherwise qualify to borrow. 2. Except in compliance with the provisions of NRS 604A.501, subsection 2 of NRS 604A.5029 , NRS 604A.5037, subsection 2 of NRS 604A.5057 or NRS 604A.5074 , where they apply, a licensee shall not: (a) Condition the granting of the grace period on the customer making any new loan
agreement or adding any addendum or term to an existing loan agreement; or (b) Charge the customer interest at a rate in excess of that described in the existing
loan agreement.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 604A.210
What does Nevada Revised Statutes § 604A.210 cover?
Section 604A.210 ("Chapter does not prohibit licensee from offering customer grace period; restrictions") 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.210?
A common citation format is "Nevada Revised Statutes § 604A.210" (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.210 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.