Each contract for membership in an organization must: 1. Be in writing, legible and have all spaces filled in before the buyer signs it; 2. Be in the language in which the sales presentation was given; 3. Contain the addresses of the buyer and the organization; 4. Be given to the buyer when he or she signs it; 5. Disclose that the security required by NRS 598.851, 598.853 and, if applicable, NRS 598.855 has been obtained and deposited with the Consumer Affairs Unit; 6. Specify the term of the membership of the buyer, which may not be measured by the buyer’s life; 7. Clearly specify the buyer’s right to cancel the contract pursuant to NRS 598.885; 8. Clearly specify the buyer’s right to rescind the contract and to be given a refund pro rata pursuant to NRS 598.910 and the conditions and limitations on that right; 9. Clearly specify the buyer’s right to a refund on the purchase of goods pursuant to NRS 598.895 and the conditions and limitations on that right; and 10. Clearly specify whether or not the buyer is given any other rights to a refund on the purchase of goods or services and, if so, any conditions and limitations on those rights. on that right; and 10. Clearly specify whether or not the buyer is given any other rights to a refund on the purchase of goods or services and, if so, any conditions and limitations on those rights. (Added to NRS by 1985, 963; A 1997, 3199; 2005, 1375; 2009, 2722; 2011, 2652; 2013, 1054; 2015, 3653; 2017, 2254; 2019, 2501)
Nevada Legal Code