Nevada Administrative Code (Last Updated: January 6, 2015)

NAC690A.170. Limitation on term of application of different rate to closed-end loan.

Latest version.

Any deviation from a rate for credit life insurance, credit accident and health insurance or credit unemployment insurance approved by the Commissioner must not be applied to a closed-end loan having a term of 24 months or less for which coverage is in effect on the effective date of the deviation.

(Added to NAC by Comm’r of Insurance by R145-08, eff. 9-18-2008)

                    
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