Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter604A Deferred Deposit Loans, Short-Term Loans, Title Loans and Check-Cashing Services |
OPERATION OF BUSINESS |
NAC604A.130. Notice of fees charged for services.
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1. The notice required by paragraph (a) of subsection 1 of NRS 604A.405 must:
(a) Comply with the applicable provisions of Regulation Z and the Truth in Lending Act.
(b) Set forth the actual fees charged for each service.
(c) Except as otherwise provided in subsection 2, be in substantially the following form:
NOTICE OF FEES CHARGED FOR SERVICES
Check-cashing fee........................ $___.__
Deferred deposit loan fee............ $___.__
Short-term loan fee...................... $___.__
Title loan fee................................ $___.__
(d) If printed, be in boldface type. Information that must be printed in all upper case letters must be printed in at least 18-point type. All other information must be printed in at least 16-point type.
(e) If handwritten or displayed digitally or by other electronic means, be in characters that are equivalent in intensity, legibility and size to the characters required for printed matter.
2. A licensee shall not include in this notice a fee for any service that he is not licensed to provide.
(Added to NAC by Comm’r of Financial Institutions by R150-05, eff. 12-29-2005)