1.  Except as otherwise provided in this chapter, the original term of a deferred deposit loan must not exceed 35 days.

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2.  Notwithstanding the provisions of NRS 604A.5029, a licensee who operates a deferred deposit loan service shall not agree to establish or extend the period for the repayment, renewal, refinancing or consolidation of an outstanding deferred deposit loan for a period that exceeds 90 days after the date of origination of the loan.