NRS 99.050 – Agreed interest rates; compounding; charges or fees; maximum annual percentage rate for certain consumer credit extended to certain members of military or dependents.
1. Except as otherwise provided in subsection 2, parties may agree for the payment of any rate of interest on money due or to become due on any contract, for the compounding of interest if they choose, and for any other charges or fees. The parties shall specify in writing the rate upon which they […]
NRS 99.055 – Prepayment of loans.
When any loan is prepaid, the amount of interest earned must be computed by applying the agreed rate to the unpaid balance for each period. Any greater amount of interest which may have been precomputed and included in the balance due must be allowed as a credit on any amount due or refunded. This section […]
NRS 99.060 – Definitions relating to public securities.
1. As applied to bonds or other securities issued by this state or any political subdivision or municipal or public corporation of this state, “effective interest rate” means the interest rate based on the actual price paid to the public entity, calculated to maturity of the obligation according to standard tables of bond values. 2. […]
NRS 99.065 – Public securities: Compound interest authorized; repayment.
1. Bonds or other securities issued by this state or any of its political subdivisions may provide for the payment of compound interest. The amount of the compound interest must be treated as interest and not as an addition to the principal of the bond or other security. 2. If interest is compounded on some […]
NRS 99.067 – Public securities: Interest rate for securities issued on or before June 30, 2011.
Notwithstanding any provision of law to the contrary, in calculating the rate of interest on any bonds or other securities that are issued by this State or any political subdivision or municipal or public corporation of this State on or before June 30, 2011, for the purposes of any limitations on the rate of interest […]
NRS 99.020 – Suits on accounts, notes or bonds expressed in other money of account: Reduction to dollars or parts of dollars.
Nothing contained in NRS 99.010 shall vitiate or affect any account, charge or entry originally made, or any note, bond or other instrument, expressed in any other money of account, but the same shall be reduced to dollars, or parts of dollars, as directed in NRS 99.010, in any suit thereupon. [2:34:1861; B § 30; […]
NRS 99.030 – Obligations, judgments or executions payable in legal money.
After February 15, 1893, all official bonds and undertakings, and all obligations of debt, judgments or executions stated in terms of dollars and to be paid in money shall be payable in legal money authorized by the Congress of the United States. [1:16:1893; A 1895, 13; C § 2738; RL § 2501; NCL § 4324]
NRS 99.040 – Interest rate when not fixed by express contract for certain types of transactions.
1. When there is no express contract in writing fixing a different rate of interest, interest must be allowed at a rate equal to the prime rate at the largest bank in Nevada, as ascertained by the Commissioner of Financial Institutions, on January 1 or July 1, as the case may be, immediately preceding the […]
NRS 99.010 – Dollar, cent and mill to be money of account.
The money of account of this state shall be the dollar, cent and mill. All the accounts in the public offices, other public accounts, and all proceedings in courts, shall be kept and had in conformity with this section. [1:34:1861; B § 29; BH § 4900; C § 2742; RL § 2497; NCL § 4320]