Nevada Code § 598.98216

Rescission or cancellation of agreement for purchase or lease of distributed generation system or power purchase agreement
Open in Lexace · Ask the AI about this section
1. Any purchaser or lessee who enters into
or signs an agreement for the purchase or lease of a distributed generation
system or host customer who enters into a power purchase agreement may rescind
or cancel the agreement, without any penalty or obligation, by giving notice in
writing to the solar installation company either by delivering, mailing or
telegraphing such notice or sending such notice by electronic mail not later
than midnight of the:
(a) For a purchaser, lessee or host customer who
is less than 60 years of age, third business day after the date the agreement
was entered into or signed;
(b) For a purchaser, lessee or host customer who
is 60 years of age or older, tenth business day after the date the agreement
was entered into or signed; or
(c) For a rescission pursuant to NRS 598.982145 , third business day after
the receipt of the results of an on-site physical survey described in NRS 598.982145 .
2. The notice required by subsection 1
must be addressed to the solar installation company at the solar installation
companys place of business, or another place designated in the agreement, or
sent to the electronic mail address set forth on the cover page required by NRS 598.9809 , 598.9813 or 598.9816 , as applicable, and must contain
words indicating the intent of the purchaser, lessee or host customer to
rescind or cancel the transaction previously entered into.

‹ Prev All Nevada sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.