675.050 - Effect of amendment or repeal of chapter on preexisting lawful contracts. - Nevada Statutes

675.050  Effect of amendment or repeal of chapter on preexisting lawful contracts.  This chapter or any part thereof may be modified, amended or repealed so as to effect a cancellation or alteration of any license or right of a licensee under this chapter, provided that such cancellation or alteration shall not impair or affect the obligation of any preexisting lawful contract between any licensee and any borrower.

      (Added to NRS by 1959, 227)