Nev. Rev. Stat. § 645H.040

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 645H.040 - "Asset management company" defined

"Asset management company" means a person, limited-liability company, partnership, association or corporation which, for compensation and pursuant to a contractual agreement, power of attorney or other legal authorization, engages in asset management on behalf of:

1. A bank, mortgage company, mortgage servicer as that term is defined in NRS 645F.063, credit union, thrift company, savings and loan association or savings bank, or any subsidiary thereof which is authorized to transact business in this State;

2. A mortgage holding entity chartered by Congress; or

3. A federal, state or local governmental entity.

NRS 645H.040

Added to NRS by 2011, 2818; A 2015, 2809; 2017, 3083

Amended by 2017, Ch. 486,§83, eff. 1/1/2020.

Amended by 2015, Ch. 477,§94, eff. 1/1/2016.

Added to NRS by 2011, 2818