{"data":{"id":"us-nv/nrs-645b.354","jurisdiction":"us-nv","citation":"NRS 645B.354","heading":"Restrictions on withholding money from certain investors; loan servicing agreement may contain provision which provides written consent to withhold money.","body":"1. If an investor owes money to the mortgage company who is servicing a loan or to other investors, the mortgage company shall not withhold money due the investor in order to offset the money owed to the mortgage company or to another investor, unless:\n(a) The mortgage company obtains the written consent of the investor who owes the money; or\n(b) A court order requires the mortgage company to withhold the money.\n2. A mortgage company may include in a loan servicing agreement a provision which provides written consent to withhold money due an investor in order to offset money owed by the investor to the mortgage company or other investors.","path":["TITLE 54 — PROFESSIONS, OCCUPATIONS AND BUSINESSES","CHAPTER 645B - MORTGAGE COMPANIES AND MORTGAGE LOAN ORIGINATORS","CONDITIONS AND LIMITATIONS ON CERTAIN MORTGAGE TRANSACTIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-645B.html#NRS645BSec354","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:45Z","sha256":"e58b2383aa9e63c235e0beb61fe91430c1b8afbd4eae7ea0f760106d919e4315","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-645b.353","next":"us-nv/nrs-645b.355"},"notice":"GroundRules: Original legal text. Not legal advice."}