Nevada § 97A.090 - “Interest” defined
Full text of Nevada Nevada Revised Statutes § 97A.090 — “Interest” defined, with citation guidance and answers to common questions.
§ 97A.090. “Interest” defined
1. “Interest,” however denominated or expressed, means the amount which is paid or
payable for the privilege of purchasing goods or services with a credit card to be
paid for in installments over a period that is longer than the grace period allowed
by the issuer during which no payment is due. 2. The term includes: (a) Annual membership fees; (b) Charges for the delinquent payment of an installment; (c) Charges for a check or other negotiable instrument that is submitted for the payment
of an installment and is drawn on an account with insufficient money to pay the installment; (d) Charges for the extension of credit in excess of the limit prescribed by the issuer;
and (e) Any other charge or fee to which the issuer and cardholder agree. 3. The term does not include premiums paid for insurance, attorney's fees, court costs
or fees required to file any civil action.
Frequently Asked Questions About Nevada § 97A.090
What does Nevada Revised Statutes § 97A.090 cover?
Section 97A.090 ("“Interest” 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 § 97A.090?
A common citation format is "Nevada Revised Statutes § 97A.090" (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 § 97A.090 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.