GroundRules
NRS 40.503: “Environmentally impaired” defined.
Where this section sits in the code
- TITLE 3 — REMEDIES; SPECIAL ACTIONS AND PROCEEDINGS
- CHAPTER 40 - ACTIONS AND PROCEEDINGS IN PARTICULAR CASES CONCERNING PROPERTY
- ENVIRONMENTAL IMPAIRMENT OF REAL COLLATERAL OF SECURED LENDER
Real collateral is “environmentally impaired” if the estimated costs to clean up and remedy a past, present or threatened release of any hazardous substance from, in, into or onto it exceeds 10 percent of the total indebtedness owed to the secured lender secured by the collateral.
Collected 2026-09-03T05:51:30Z. Source file · JSON