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Nevada · Through 2025 session (NRS as revised 2026-08-25)

NRS 645B.353: Mortgage company prohibited from releasing borrower or guarantor from personal liability without certain approval.

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Where this section sits in the code
  1. TITLE 54 — PROFESSIONS, OCCUPATIONS AND BUSINESSES
  2. CHAPTER 645B - MORTGAGE COMPANIES AND MORTGAGE LOAN ORIGINATORS
  3. CONDITIONS AND LIMITATIONS ON CERTAIN MORTGAGE TRANSACTIONS

Except as otherwise permitted by law, a mortgage company shall not release a borrower or guarantor from personal liability for a loan unless a majority of the investors approve such a release.

Collected 2026-09-03T05:51:45Z. Source file · JSON

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