Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 106.400: Advances made after notice of termination.

Where this section sits in the code

TITLE 8 — COMMERCIAL INSTRUMENTS AND TRANSACTIONS
CHAPTER 106 - REAL MORTGAGES
TERMINATION OF EQUITY LINES OF CREDIT

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.

Collected 2026-09-03T05:51:31Z. Source file · JSON

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