NRS 598.875 - Requirements for contracts for membership. [Effective through June 30, 2021.]

NV Rev Stat § 598.875 (2019) (N/A)

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Each contract for membership in an organization must:

1. Be in writing, legible and have all spaces filled in before the buyer signs it;

2. Be in the language in which the sales presentation was given;

3. Contain the addresses of the buyer and the organization;

4. Be given to the buyer when he or she signs it;

5. Specify the term of the membership of the buyer, which may not be measured by the buyer’s life;

6. Clearly specify the buyer’s right to cancel the contract pursuant to NRS 598.885;

7. Clearly specify the buyer’s right to rescind the contract and to be given a refund pro rata pursuant to NRS 598.910 and the conditions and limitations on that right;

8. Clearly specify the buyer’s right to a refund on the purchase of goods pursuant to NRS 598.895 and the conditions and limitations on that right; and

9. Clearly specify whether or not the buyer is given any other rights to a refund on the purchase of goods or services and, if so, any conditions and limitations on those rights.

(Added to NRS by 1985, 963; A 1997, 3199; 2005, 1375; 2009, 2722; 2011, 2652; 2013, 1054; 2015, 3653; 2017, 2254; 2019, 2501)

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NRS 598.870 - Disclosure of information to buyer required before buyer signs contract or application for membership.

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NRS 598.875 - Requirements for contracts for membership. [Effective July 1, 2021.]