Section 645F.939 - "Mortgage loan" defined1. "Mortgage loan" includes, without limitation:(a) Any loan that is secured by a mortgage, deed of trust or other consensual security interest on a dwelling located in this State or real property located in this State upon which is constructed or intended to be constructed a dwelling; or(b) Any loan made or arranged by a mortgage company under chapter 645B of NRS that is secured by a mortgage, deed of trust or other consensual security interest on commercial property located in this State that is funded by one or more private investors.2. As used in this section: (a) "Commercial property" has the meaning ascribed to it in NRS 645B.01047.(b) "Private investor" has the meaning ascribed to it in NRS 645B.01305.Nev. Admin. Code § 645F.939
Added to NAC by Comm'r of Mortgage Lending by R120-15, effective upon the later of 1/1/2016or the date this regulation is filed with the Secretary of State; A by R119-19A, eff. 11/9/2023