Nevada Revised Statutes Title 52. Trade Regulations and Practices § 604A.5023. Rescission of loan by customer

(a) A sum of money equal to the face value of the deferred deposit loan, less any fee charged to the customer to initiate the deferred deposit loan; or

(b) The original check, if any, which the licensee gave to the customer pursuant to the deferred deposit loan. Upon receipt of the original check, the licensee shall refund any fee charged to the customer to initiate the deferred deposit loan.

(a) Shall not charge the customer any fee for rescinding the deferred deposit loan; and

(b) Upon receipt of the sum of money or check pursuant to subsection 1, shall give to the customer a receipt showing the account paid in full and the check or written authorization given to initiate the deferred deposit loan which must be stamped “void.”