NRS 670B.020: “Control person” defined.
Where this section sits in the code
- TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS
- CHAPTER 670B - STUDENT LOAN SERVICERS; PRIVATE EDUCATION LENDERS
- GENERAL PROVISIONS
1. “Control person” means:
(a) An executive officer, director, general partner, trustee, member, qualified employee or shareholder of a student loan servicer, licensee or applicant for a license; or
(b) A person who is authorized to participate in direct or indirect control of the management or policies of a student loan servicer, licensee or applicant for a license.
2. As used in this section, “executive officer” means an officer, manager, partner or managing member of a student loan servicer, licensee or applicant for a license. The term includes, without limitation, a chief executive officer, president, vice president, chief financial officer, chief operating officer, chief legal officer, controller or compliance officer or a natural person who holds any similar position.
Collected 2026-09-03T05:51:45Z. Source file · JSON