Nev. Rev. Stat. § 106.400

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 106.400 - Advances made after notice of termination

Future advances of principal made to a borrower after the receipt of the notice of termination by the lender are not secured by the instrument. The principal amount of indebtedness secured by the instrument is limited to the amount stated by the lender in the lender's recorded statement.

NRS 106.400

Added to NRS by 1985, 726; A 1989, 493
Added to NRS by 1985, 726; A 1989, 493