reglab/housing_qa huggingface dataset:
NV Rev Stat § 690C.260 (2021)
2021 Nevada Revised Statutes|Chapter 690C - Service Contracts|NRS 690C.260 - Contents; false or misleading statement prohibited.

  1. A service contract must:  (a) Be written in language that is understandable and printed in a typeface that is easy to read.  (b) Indicate that it is insured by a contractual liability insurance policy if it is so insured, and include the name and address of the issuer of the policy or that it is backed by the full faith and credit of the provider if the service contract is not insured by a contractual liability insurance policy.  (c) Include the amount of any deductible that the holder is required to pay.  (d) Include the name and address of the provider and, if applicable:  (1) The name and address of the administrator; and  (2) The name of the holder, if provided by the holder.  The names and addresses of such persons are not required to be preprinted on the service contract and may be added to the service contract at the time of the sale.  (e) Include the purchase price of the service contract. The purchase price must be determined pursuant to a schedule of fees established by the provider. The purchase price is not required to be preprinted on the service contract and may be negotiated with the holder and added to the service contract at the time of sale.  (f) Include a description of the goods covered by the service contract.  (g) Specify the duties of the provider and any limitations, exceptions or exclusions.  (h) If the service contract covers a motor vehicle, indicate whether replacement parts that are not made for or by the original manufacturer of the motor vehicle may be used to comply with the terms of the service contract.  (i) Include any restrictions on transferring or renewing the service contract.  (j) Include the terms, restrictions or conditions for cancelling the service contract before it expires and the procedure for cancelling the service contract. The conditions for cancelling the service contract must include, without limitation, the provisions of NRS 690C.270.  (k) Include the duties of the holder under the contract, including, without limitation, the duty to protect against damage to the goods covered by the service contract or to comply with any instructions included in the owner’s manual for the goods.  (l) Indicate whether the service contract authorizes the holder to recover consequential damages.  (m) Indicate whether any defect in the goods covered by the service contract existing on the date the contract is purchased is not covered under the service contract.  2. A provider shall not allow, make or cause to be made a false or misleading statement in any of the service contracts of the provider or intentionally omit a material statement that causes a service contract to be misleading. The Commissioner may require the provider to amend any service contract that the Commissioner determines is false or misleading.  (Added to NRS by 1999, 3339)
NV Rev Stat § 690C.270 (2021)
2021 Nevada Revised Statutes|Chapter 690C - Service Contracts|NRS 690C.270 - Grounds for cancellation; date cancellation effective.

  1. No service contract that has been in effect for at least 70 days may be cancelled by the provider before the expiration of the agreed term or 1 year after the effective date of the service contract, whichever occurs first, except on any of the following grounds:  (a) Failure by the holder to pay an amount when due;  (b) Conviction of the holder of a crime which results in an increase in the service required under the service contract;  (c) Discovery of fraud or material misrepresentation by the holder in obtaining the service contract, or in presenting a claim for service thereunder;  (d) Discovery of:  (1) An act or omission by the holder; or  (2) A violation by the holder of any condition of the service contract,  which occurred after the effective date of the service contract and which substantially and materially increases the service required under the service contract; or  (e) A material change in the nature or extent of the required service or repair which occurs after the effective date of the service contract and which causes the required service or repair to be substantially and materially increased beyond that contemplated at the time that the service contract was issued or sold.  2. No cancellation of a service contract may become effective until at least 15 days after the notice of cancellation is mailed to the holder.  (Added to NRS by 1999, 3340)
NV Rev Stat § 690C.300 (2021)
2021 Nevada Revised Statutes|Chapter 690C - Service Contracts|NRS 690C.300 - Regulations of Commissioner.

The Commissioner may adopt such regulations as are necessary to carry out the provisions of this chapter.  (Added to NRS by 1999, 3341)
NV Rev Stat § 690C.310 (2021)
2021 Nevada Revised Statutes|Chapter 690C - Service Contracts|NRS 690C.310 - Retention of records.

  1. A provider shall maintain records of the transactions governed by this chapter. The records of a provider must include:  (a) A copy of each type of service contract that the provider issues, sells or offers for sale;  (b) The name and address of each holder who possesses a service contract under which the provider has a duty to perform, to the extent that the provider knows the name and address of each holder;  (c) A list that includes each location where the provider issues, sells or offers for sale service contracts; and  (d) The date and a description of each claim made by a holder under a service contract.  2. Except as otherwise provided in this subsection, a provider shall retain all records relating to a service contract for at least 1 year after the contract has expired. A provider who intends to discontinue doing business in this state shall provide the Commissioner with satisfactory proof that the provider has discharged his or her duties to the holders in this state and shall not destroy his or her records without the prior approval of the Commissioner.  3. The records required to be maintained pursuant to this section may be stored on a computer disc or other storage device for a computer from which the records can be readily printed.  (Added to NRS by 1999, 3341)
NV Rev Stat § 690C.320 (2021)
2021 Nevada Revised Statutes|Chapter 690C - Service Contracts|NRS 690C.320 - Examinations to enforce provisions of chapter by Commissioner.

  1. Except as otherwise provided in this subsection, the Commissioner may conduct examinations to enforce the provisions of this chapter pursuant to the provisions of NRS 679B.230 to 679B.300, inclusive, at such times as the Commissioner deems necessary. The Commissioner is not required to comply with the requirement in NRS 679B.230 that insurers be examined not less frequently than every 5 years in the enforcement of this chapter.  2. A provider shall, upon the request of the Commissioner, make available to the Commissioner for inspection any accounts, books and records concerning any service contract issued, sold or offered for sale by the provider which are reasonably necessary to enable the Commissioner to determine whether the provider is in compliance with the provisions of this chapter.  (Added to NRS by 1999, 3341)
NV Rev Stat § 690C.325 (2021)
2021 Nevada Revised Statutes|Chapter 690C - Service Contracts|NRS 690C.325 - Administrative fines; suspension, limitation, revocation or refusal to renew certificate of registration.

  1. The Commissioner may refuse to renew or may suspend, limit or revoke a provider’s certificate of registration if the Commissioner finds after a hearing thereon, or upon waiver of hearing by the provider, that the provider has:  (a) Violated or failed to comply with any lawful order of the Commissioner;  (b) Conducted business in an unsuitable manner;  (c) Willfully violated or willfully failed to comply with any lawful regulation of the Commissioner; or  (d) Violated any provision of this chapter.  In lieu of such a suspension or revocation, the Commissioner may levy upon the provider, and the provider shall pay forthwith, an administrative fine of not more than $1,000 for each act or violation.  2. The Commissioner shall suspend or revoke a provider’s certificate of registration on any of the following grounds if the Commissioner finds after a hearing thereon that the provider:  (a) Is in unsound condition, is being fraudulently conducted, or is in such a condition or is using such methods and practices in the conduct of its business as to render its further transaction of service contracts in this State currently or prospectively injurious to service contract holders or to the public.  (b) Refuses to be examined, or its directors, officers, employees or representatives refuse to submit to examination relative to its affairs, or to produce its books, papers, records, contracts, correspondence or other documents for examination by the Commissioner when required, or refuse to perform any legal obligation relative to the examination.  (c) Has failed to pay any final judgment rendered against it in this State upon any policy, bond, recognizance or undertaking as issued or guaranteed by it, within 30 days after the judgment became final or within 30 days after dismissal of an appeal before final determination, whichever date is the later.  3. The Commissioner may, without advance notice or a hearing thereon, immediately suspend the certificate of registration of any provider that has filed for bankruptcy or otherwise been deemed insolvent.  (Added to NRS by 2011, 3385)
NV Rev Stat § 690C.330 (2021)
2021 Nevada Revised Statutes|Chapter 690C - Service Contracts|NRS 690C.330 - Penalty for violation of chapter or order or regulation of Commissioner.

A person who violates any provision of this chapter or an order or regulation of the Commissioner issued or adopted pursuant thereto may be assessed a civil penalty by the Commissioner of not more than $500 for each act or violation, not to exceed an aggregate amount of $10,000 for violations of a similar nature. For the purposes of this section, violations shall be deemed to be of a similar nature if the violations consist of the same or similar conduct, regardless of the number of times the conduct occurred.  (Added to NRS by 1999, 3341)
NV Rev Stat § 690D.010 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.010 - Definitions.

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 690D.020 to 690D.075, inclusive, have the meanings ascribed to them in those sections.  (Added to NRS by 2015, 2635)
NV Rev Stat § 690D.020 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.020 - "Administrator" defined.

Administrator means a person who is responsible for administering a guaranteed asset protection waiver that is sold or offered for sale by a creditor.  (Added to NRS by 2015, 2636)
NV Rev Stat § 690D.025 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.025 - "Benefits" defined.

Benefits means a waiver, pursuant to a guaranteed asset protection waiver, of part or all of the amount due on a finance agreement after a total physical damage loss or unrecovered theft of a vehicle covered by the finance agreement.  (Added to NRS by 2015, 2636)
NV Rev Stat § 690D.030 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.030 - "Borrower" defined.

Borrower means a person who owes money to a creditor pursuant to a finance agreement.  (Added to NRS by 2015, 2636)
NV Rev Stat § 690D.035 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.035 - "Creditor" defined.

Creditor means a person to whom money is owed pursuant to a finance agreement, including, without limitation, the assignee of such an agreement.  (Added to NRS by 2015, 2636)
NV Rev Stat § 690D.040 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.040 - "Dealer" defined.

Dealer means a seller of a vehicle who provides or arranges for the provision of credit to the buyer of the vehicle for the purpose of financing the purchase of the vehicle.  (Added to NRS by 2015, 2636)
NV Rev Stat § 690D.045 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.045 - "Finance agreement" defined.

Finance agreement means:  1. A loan made to the buyer of a vehicle for the purpose of financing the purchase of the vehicle and that is secured by the vehicle.  2. A lease between a long-term lessee and a long-term lessor.   3. A retail installment contract, as defined in NRS 97.105, for the purchase of a vehicle.  (Added to NRS by 2015, 2636)
NV Rev Stat § 690D.050 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.050 - "Free-look period" defined.

Free-look period means a period beginning on or after the effective date of a guaranteed asset protection waiver in which the borrower may cancel the guaranteed asset protection waiver with no penalty, fee or other cost.  (Added to NRS by 2015, 2636)
NV Rev Stat § 690D.055 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.055 - "Guaranteed asset protection waiver" defined.

Guaranteed asset protection waiver means a contract pursuant to which a creditor, in exchange for separately stated consideration, agrees to waive part or all of the amount due to the creditor pursuant to a finance agreement in the event of a total physical damage loss or unrecovered theft of a vehicle covered by the finance agreement.  (Added to NRS by 2015, 2636)
NV Rev Stat § 690D.060 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.060 - "Lease" defined.

Lease has the meaning ascribed to it in NRS 482.053.  (Added to NRS by 2015, 2636)
NV Rev Stat § 690D.065 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.065 - "Long-term lessee" defined.

Long-term lessee has the meaning ascribed to it in NRS 482.053.  (Added to NRS by 2015, 2636)
NV Rev Stat § 690D.070 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.070 - "Long-term lessor" defined.

Long-term lessor has the meaning ascribed to it in NRS 482.053.  (Added to NRS by 2015, 2636)
NV Rev Stat § 690D.075 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.075 - "Vehicle" defined.

Vehicle has the meaning ascribed to it in NRS 482.135, and includes, without limitation, any boat, recreational vehicle, all-terrain vehicle, trailer, personal watercraft or snowmobile.  (Added to NRS by 2015, 2636)
NV Rev Stat § 690D.095 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.095 - Applicability of chapter and title 57 of NRS.

  1. Except as otherwise provided in this chapter, the marketing, issuance, sale, offering for sale, making, proposing to make and administration of guaranteed asset protection waivers are not subject to the provisions of title 57 of NRS, except, when applicable, the provisions of NRS 679B.020 to 679B.125, inclusive, 679B.130, 679B.136, 679B.140, 679B.159 to 679B.180, inclusive, 679B.187 to 679B.220, inclusive, and 679B.310 to 679B.370, inclusive.  2. A creditor, an administrator or any other person is not required to obtain a certificate of authority from the Commissioner pursuant to chapter 680A of NRS to issue, sell, offer for sale or administer guaranteed asset protection waivers.  3. The provisions of this chapter do not apply to a debt cancellation contract or debt suspension agreement offered in accordance with 12 C.F.R. Part 37 or 721 or to a policy of insurance.  (Added to NRS by 2015, 2636)
NV Rev Stat § 690D.100 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.100 - Applicability of statutory provisions to certain transactions involving vehicles for commercial use.

  1. The provisions of subsection 2 of NRS 690D.170, subsection 2 of NRS 690D.190 and NRS 690D.230 do not apply to a guaranteed asset protection waiver offered for sale or sold in connection with a lease or retail installment transaction to a buyer or lessor who purchases or leases the vehicle solely or primarily for commercial use or resale.  2. As used in this section, "retail installment transaction" has the meaning ascribed to it in NRS 97.115.  (Added to NRS by 2015, 2636)
NV Rev Stat § 690D.150 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.150 - Restrictions on business name of creditor; exception.

  1. Except as otherwise provided in this section, a creditor who sells or offers for sale guaranteed asset protection waivers shall not include in the name of the business of the creditor:  (a) The words "insurance," "casualty," "surety," "mutual" or any other word or term that implies that the creditor is engaged in the business of transacting insurance or is a surety company; or  (b) A name that is deceptively similar to the name or description of an insurer or surety company.  2. A creditor may include the word "guaranty" or a similar word in the name of the business of the creditor.  3. This section does not apply to a creditor who, before January 1, 2016, includes in the name of the business of the creditor a name that does not comply with the provisions of subsection 1. Such a creditor shall include in each guaranteed asset protection waiver the creditor sells or offers for sale a statement that the guaranteed asset protection waiver is not a contract of insurance.  (Added to NRS by 2015, 2637)
NV Rev Stat § 690D.160 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.160 - Dealer required to carry policy of contractual liability insurance; requirements of policy; cancellation or termination.

  1. A dealer who sells or offers to sell guaranteed asset protection waivers shall purchase a policy of contractual liability insurance that insures the obligations of each guaranteed asset protection waiver the dealer sells or offers for sale other than a guaranteed asset protection waiver concerning a leased vehicle. Any other type of creditor who sells or offers to sell guaranteed asset protection waivers may purchase such a policy.  2. A policy of contractual liability insurance purchased pursuant to this section must:  (a) Be issued by an insurer who is authorized to transact insurance in this State or pursuant to the provisions of chapter 685A of NRS.  (b) State the obligation of the insurer to reimburse or pay to the creditor any amount that the creditor is obligated to waive pursuant to the guaranteed asset protection waivers insured by the policy.  (c) Provide coverage for any person to whom a guaranteed asset protection waiver is assigned, including, without limitation, as part of a finance agreement.  (d) Remain in effect until the policy is cancelled or terminated.  3. The cancellation or termination of a policy of contractual liability insurance purchased pursuant to this section must not reduce the responsibility of the insurer to provide coverage for guaranteed asset protection waivers:  (a) That were issued by the insured creditor before the date of the cancellation or termination; and  (b) For which the creditor has paid for coverage.  (Added to NRS by 2015, 2639)
NV Rev Stat § 690D.170 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.170 - Creditor may offer waiver to certain borrowers; manner of payment; cost of waiver must be listed separately; waiver must remain part of finance agreement if assigned, sold or transferred.

  1. Any creditor may offer to sell or sell a guaranteed asset protection waiver to a borrower who owes or expects to owe money to the creditor pursuant to a finance agreement. A borrower may pay for a guaranteed asset protection waiver using a one-time payment or periodic payments.  2. Except as otherwise provided in NRS 690D.100, any cost to a borrower for the purchase of a guaranteed asset protection waiver which is entered into in compliance with the Truth in Lending Act, 15 U.S.C. §§ 1601 et seq., and any regulations adopted pursuant thereto, must be separately stated as part of the amount financed and must not be considered a finance charge or interest.  3. Upon the sale of a guaranteed asset protection waiver, the guaranteed asset protection waiver becomes a part of the finance agreement. A guaranteed asset protection waiver remains a part of a finance agreement if the finance agreement is assigned, sold or transferred by the creditor.  (Added to NRS by 2015, 2637)
NV Rev Stat § 690D.180 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.180 - Requiring purchase of waiver as condition of sale, lease or terms or approval of credit prohibited.

A creditor shall not require the purchase of a guaranteed asset protection waiver as a condition for the approval of credit, the terms of the credit or the terms of the sale or lease of a vehicle covered by the finance agreement.  (Added to NRS by 2015, 2637)
NV Rev Stat § 690D.190 (2021)
2021 Nevada Revised Statutes|Chapter 690D - Guaranteed Asset Protection Waivers|NRS 690D.190 - Required written disclosures.

  1. A guaranteed asset protection waiver must contain a conspicuous statement, printed in at least 12-point type that is larger than the surrounding text and with a heading that is printed in all capital letters, stating that:  (a) A guaranteed asset protection waiver is not a policy of liability or casualty insurance and does not satisfy the requirement to maintain liability insurance pursuant to NRS 485.185; and  (b) Failure to make a timely payment under the terms of the finance agreement may void the guaranteed asset protection waiver.  2. Except as otherwise provided in NRS 690D.100, a guaranteed asset protection waiver must disclose, if applicable, in writing and in a clear and conspicuous manner:  (a) The name and address of the creditor who sells the guaranteed asset protection waiver and the borrower who purchases the guaranteed asset protection waiver;  (b) The identity of any administrator, if different from the creditor;  (c) The purchase price and the terms of the guaranteed asset protection waiver, including, without limitation, the requirements for and conditions of coverage and any exclusions associated with the guaranteed asset protection waiver;  (d) That the borrower will be provided a full refund of the purchase price of the guaranteed asset protection waiver if the waiver is cancelled within the free-look period and benefits have not been provided;  (e) The manner in which the borrower may obtain benefits under a guaranteed asset protection waiver, including, without limitation, a telephone number and address that the borrower may use to apply for benefits; and  (f) Notice of the provisions of NRS 690D.180 and 690D.200, the manner in which a borrower may request cancellation of a guaranteed asset protection waiver after the free-look period and the method that will be used to calculate any refund due to the borrower pursuant to NRS 690D.200.  (Added to NRS by 2015, 2637)