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

NRS 106A.110: “Recognized index” defined.

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Where this section sits in the code
  1. TITLE 8 — COMMERCIAL INSTRUMENTS AND TRANSACTIONS
  2. 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

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