Nevada Revised Statutes 598.880 – Limits on contracts for membership
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A contract for membership in an organization must not:
Terms Used In Nevada Revised Statutes 598.880
- Contract: A legal written agreement that becomes binding when signed.
1. Require payments or financing by the buyer for more than 2 years from the date the contract was executed; or
2. Deny a third party the right to assert a cause of action or defense which the buyer has against the organization.