Nevada § 97A.140 - Requirements for issuance of credit card; provision and change of terms and conditions for use of credit card; applicable state law
Full text of Nevada Nevada Revised Statutes § 97A.140 — Requirements for issuance of credit card; provision and change of terms and conditions for use of credit card; applicable state law, with citation guidance and answers to common questions.
§ 97A.140. Requirements for issuance of credit card; provision and change of terms and conditions for use of credit card; applicable state law
1. An issuer located in this State shall not issue a credit card to a cardholder unless
the issuer first: (a) Provides the written notice required pursuant to NRS 97A.145 to the cardholder; and (b) Receives a written or oral request from the cardholder for the issuance of the
credit card. 2. An issuer shall provide the cardholder with the terms and conditions that govern
the use of the credit card, in writing, before or at the time of the receipt of the
credit card. A cardholder shall be deemed to have accepted the written terms and conditions provided
by the issuer upon subsequent actual use of the credit card. 3. The rate of interest charged, and any other fees or charges imposed for the use
of the credit card, must be in an amount agreed upon by the issuer and cardholder. 4. An issuer may unilaterally change any term or condition for the use of a credit
card without prior written notice to the cardholder unless the change will adversely
affect or increase the costs to the cardholder for the use of the credit card. If the change will increase such costs, the issuer shall provide to the cardholder: (a) An identifiable notice of the change at least 30 days before the change becomes
effective; and (b) An opportunity to avoid the change, including, without limitation, by voluntarily
closing the credit card account after providing notice to the issuer. If the cardholder closes the credit card account and the issuer provides any information
about the account to a credit reporting agency, the issuer must notify the agency
that the cardholder voluntarily closed the credit card account. 5. Unless otherwise stated as a term or condition, the law of this State governs all
transactions relating to the use of a credit card if an issuer, or the service provider
of an issuer, is located in this State.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 97A.140
What does Nevada Revised Statutes § 97A.140 cover?
Section 97A.140 ("Requirements for issuance of credit card; provision and change of terms and conditions for use of credit card; applicable state law") 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.140?
A common citation format is "Nevada Revised Statutes § 97A.140" (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.140 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.