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

NRS 681B.109: Valuation of purchase money mortgages.

Where this section sits in the code

TITLE 57 — INSURANCE
CHAPTER 681B - ASSETS AND LIABILITIES
PROVISIONS GOVERNING POLICIES AND CONTRACTS NOT SUBJECT TO PROVISIONS OF THE VALUATION MANUAL
Standard of Valuation

Purchase money mortgages on real property referred to in subsection 1 of NRS 681B.108 shall be valued in an amount not exceeding the acquisition cost of the real property covered thereby or 90 percent of the fair value of such real property, whichever is less.

Collected 2026-09-03T05:51:46Z. Source file · JSON

Browse this collection