Nevada Revised Statutes 604A.065 – ‘Extension’ defined
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1. ’Extension’ means any extension or rollover of a loan beyond the date on which the loan is required to be paid in full under the original terms of the loan agreement, regardless of the name given to the extension or rollover.
Terms Used In Nevada Revised Statutes 604A.065
- Grace period: The number of days you'll have to pay your bill for purchases in full without triggering a finance charge. Source: Federal Reserve
2. The term does not include a grace period.