NRS 106A.110: “Recognized index” defined.
Where this section sits in the code
- TITLE 8 — COMMERCIAL INSTRUMENTS AND TRANSACTIONS
- CHAPTER 106A - MORTGAGE MODIFICATIONS (UNIFORM ACT)
“Recognized index” means an index to which changes in the interest rate may be linked that is:
1. Readily available to, and verifiable by, the obligor; and
2. Beyond the control of the person to whom the obligation is owed.
Collected 2026-09-03T05:51:31Z. Source file · JSON