{"data":{"id":"us-nv/nrs-226.550","jurisdiction":"us-nv","citation":"NRS 226.550","heading":"“Student loan servicing” or “servicing” defined.","body":"“Student loan servicing” or “servicing” means:\n1. Receiving any scheduled periodic payments from a student loan borrower pursuant to the terms of a student education loan or any notification that a student loan borrower made such a scheduled periodic payment and applying the payments to the account of a student loan borrower, as may be required pursuant to the terms of a student education loan or a contract governing the servicing of a student education loan;\n2. During a period in which no payment is required on a student education loan, maintaining account records for a student education loan and communicating with the student loan borrower on behalf of the owner of the promissory note for the student education loan; or\n3. Interacting with a student loan borrower concerning a student education loan with the goal of helping the student loan borrower avoid default on the student education loan or facilitating the activities described in subsection 1 or 2.","path":["TITLE 18 — STATE EXECUTIVE DEPARTMENT","CHAPTER 226 - STATE TREASURER","STUDENT LOAN OMBUDSMAN"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-226.html#NRS226Sec550","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:34Z","sha256":"6fdf9e7f70453ea7da30cf46292cd1ed3946be2d5df9a1a582e44271850be87a","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-226.540","next":"us-nv/nrs-226.560"},"notice":"GroundRules: Original legal text. Not legal advice."}