Nevada Revised Statutes Section 97.031 - Commercial Instruments and Transactions

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“Finance charge” defined. “Finance charge” means the cost of credit indicated in a dollar amount. The term includes any charge payable directly or indirectly by the buyer and imposed directly or indirectly by the seller as an incident to or a condition of the extension of credit. The term does not include any charge of a type payable in a comparable cash transaction.

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Last modified: February 27, 2006