Nev. Rev. Stat. ch. 690D – Guaranteed Asset Protection Waivers | Midpage

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Nevada Revised Statutes

Chapter 690D

Nev. Rev. Stat. ch. 690D

Guaranteed Asset Protection Waivers

690D.010Definitions 690D.020“Administrator” defined 690D.025“Benefits” defined 690D.030“Borrower” defined 690D.035“Creditor” defined 690D.040“Dealer” defined 690D.045“Finance agreement” defined 690D.050“Free-look period” defined 690D.055“Guaranteed asset protection waiver” defined 690D.060“Lease” defined 690D.065“Long-term lessee” defined 690D.070“Long-term lessor” defined 690D.075“Vehicle” defined 690D.095Applicability of chapter and title 57 of NRS; certificate of authority not required to issue, sell, offer for sale or administer waiver 690D.100Applicability of provisions to certain transactions involving vehicles for commercial use 690D.150Restrictions on business name of creditor; exception 690D.160Dealer required to carry policy of contractual liability insurance; other creditors authorized to purchase such policy; requirements of policy; cancellation or termination 690D.170Creditor authorized to offer waiver to certain borrowers; manner of payment; cost of waiver required to be listed separately; waiver becomes part of finance agreement and remains such if assigned, sold or transferred 690D.180Requiring purchase of waiver as condition of sale, lease or terms or approval of credit prohibited 690D.190Required written disclosures 690D.200Free-look period required; cancellation and refund during or after free-look period; manner and limitations on time for request of refund; creditor authorized to apply refund to balance owed on finance agreement 690D.210Required records; length of retention; manner of storage 690D.220Inspection of records by Commissioner 690D.230Authority of Commissioner to issue cease and desist order; notice and hearing; fines