NRS 670B.070: “Private education lender” defined.

1. “Private education lender” means any person engaged in the business of securing, making or extending private education loans, or any holder of a private education loan.

2. To the extent that state law is not preempted by federal law, the term does not include:

(a) A bank, savings bank, savings and loan association or credit union;

(b) A wholly owned subsidiary of a bank or credit union;

(c) An operating subsidiary if each owner of the operating subsidiary is wholly owned by the same bank or credit union;

(d) The Nevada System of Higher Education; or

(e) The Western Interstate Commission for Higher Education.