organization with the provisions of NRS 598.746 to 598.772, inclusive, and the terms of its contracts with buyers. 2. If an organization has deposited the required security, a salesperson, agent or representative of the organization who sells its services is not required to deposit his own separate security. For the purposes of this subsection, a person is a salesman, agent or representative of an organization if: (a) He does business under the same name as the organization; or (b) The organization and the issuer of the security certify in writing that the security covers the salesperson, agent or representative. 3. The Division shall adopt such regulations as it deems necessary to carry out the provisions of this section. (Added to NRS by 1993, 2272; A 1997, 3196)—(Substituted in revision for NRS 598.2825) NRS 598.757 Organization to provide buyer certain information in writing. 1. Before the execution of a contract between the buyer and an organization or before the receipt by the organization of any money or other valuable consideration, whichever occurs first, the organization must provide to the buyer, in writing: (a) A statement: (1) That the buyer has a right pursuant to 15 U.S.C. §§ 1681g and 1681h to receive disclosure of all information, except medical information, in any file on him maintained by a consumer credit reporting agency; (2) That 15 U.S.C. § 1681j requires that this disclosure be made free to the buyer if he requests it within 30 days after receipt of notice of a denial of credit; (3) Of the approximate cost to the buyer of receiving this disclosure when there has not been a denial of credit; and (4) That the buyer has the right pursuant to 15 U.S.C. § 1681i to dispute the completeness or accuracy of any item contained in any file on him maintained by any consumer credit reporting agency. (b) A detailed description of the services to be performed by the organization for the buyer and the total amount the buyer will become obligated to pay for the services. (c) A statement that the buyer has a right to proceed against the security deposited with the Division by the organization under the circumstances and in the manner set forth in NRS 598.731 and 598.736. The statement provided pursuant to this paragraph must include the name and address of the issuer of the security. (d) A statement that the buyer may cancel a contract for the services of an organization within 5 days after its execution by written notice mailed or delivered to the organization. (e) A statement identifying the availability of any nonprofit association which provides services similar to those offered by the organization. The statement provided pursuant to this paragraph must include the association’s telephone number, including the association’s national toll-free telephone number, if any. 2. The written information provided pursuant to subsection 1 must be printed in at least 10-point bold type and must include the following statement or a similar statement approved by the Division: RIGHTS OF CONSUMERS REGARDING CREDIT FILES PURSUANT TO STATE AND FEDERAL LAW You have the right to obtain a copy of your credit file from a consumer credit reporting agency. There is no fee if, within the past 30 days, you have been turned down for credit, employment or insurance because of information in your credit report. The consumer credit reporting agency is obligated to provide someone to help you interpret the information in your credit file. You have a right to dispute inaccurate information by contacting the consumer credit reporting agency directly. However, neither you nor any credit service organization has the right to have accurate, current and verifiable information removed from your credit report. Generally, under the Fair Credit Reporting Act, the consumer credit reporting agency is obligated to remove accurate, negative information from your report only if it is more than 7 years old and bankruptcy information can be reported for 10 years. If you have notified a credit reporting agency that you dispute the accuracy of information in your credit file, the consumer credit reporting agency is obligated to make an investigation and modify or remove inaccurate information. The consumer credit reporting agency may not charge a fee for this service. Any relevant information and copies of all documents you have concerning the disputed information should be given to the consumer credit reporting agency. If the investigation does not resolve the dispute to your satisfaction, you may send a brief statement to the consumer credit reporting agency to keep in your credit file, explaining why you think the information in the credit file is inaccurate. The consumer credit reporting agency is obligated to include your statement or a summary of your statement about disputed information in any report it issues about you. RIGHTS OF CONSUMERS REGARDING CANCELLATION OF A CONTRACT You have a right to give written notice of your intent to cancel a contract with a credit service organization for any reason within 5 working days from the date you signed it. If for any reason you do cancel a contract during this time, you do not owe any money. You have a right to sue a credit service organization if it misleads you. 3. The organization shall retain a copy of the written information it provides pursuant to the requirements of subsections 1 and 2 for not less than 2 years. (Added to NRS by 1987, 1518; A 1993, 2274; 1997, 3197)—(Substituted in revision for NRS 598.283) NRS 598.762 Requirements of contract for purchase of services; copy of contract must be retained by organization. 1. A contract between a buyer and an organization for the purchase of the services of the organization: (a) Must be in writing; (b) Must be signed by the buyer; (c) Must be dated; and (d) Must clearly indicate above the signature line that the buyer may cancel the contract within 5 days after its execution by giving written notice to the organization of his intent to cancel the contract. If the notice is mailed, it must be postmarked not later than 5 days after the execution of the contract. 2. A copy of each contract executed by a buyer and an organization must be retained by the organization for not less than 2 years. (Added to NRS by 1987, 1519; A 1993, 2276)—(Substituted in revision for NRS 598.284) NRS 598.767 Organization to maintain resident agent for service of legal process. An organization shall file with the Division a designation and acceptance of and continuously maintain a resident agent for service of legal process. (Added to NRS by 1993, 2272)—(Substituted in revision for NRS 598.2855) NRS 598.772 Waiver of statutory rights prohibited; burden of proof upon person claiming exemption or exception from definition. 1. Any waiver by a buyer of the provisions of NRS 598.746 to 598.777, inclusive, is contrary to public policy and is void and unenforceable. Any attempt by an organization to have a buyer waive rights given by NRS 598.746 to 598.777, inclusive, is unlawful. 2. In any proceeding involving NRS 598.741 to 598.787, inclusive, the burden of proving an exemption or an exception from a definition is upon the person claiming it. (Added to NRS by 1987, 1520; A 1993, 2277)—(Substituted in revision for NRS 598.286) NRS 598.777 Buyer’s action for recovery of damages or injunctive relief; attorney’s fees; punitive damages. A buyer injured by a violation of NRS 598.746 to 598.772, inclusive, or by a breach by an organization of a contract subject to those sections, may bring an action for recovery of damages, for injunctive relief or for both recovery of damages and injunctive relief. Judgment for damages must be entered for actual damages, but in no case less than the amount paid by

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