Nev. Rev. Stat. § 670B.070

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 670B.070 - "Private education lender" defined
1. "Private education lender" means any person engaged in the business of securing, making or extending private education loans, or any holder of a private education loan.
2. To the extent that state law is not preempted by federal law, the term does not include:
(a) A bank, savings bank, savings and loan association or credit union;
(b) A wholly owned subsidiary of a bank or credit union;
(c) An operating subsidiary if each owner of the operating subsidiary is wholly owned by the same bank or credit union;
(d) The Nevada System of Higher Education; or
(e) The Western Interstate Commission for Higher Education.

NRS 670B.070

Added to NRS by 2023, 2856
Added by 2023, Ch. 466,§7, eff. 1/1/2024.