{"data":{"id":"us-nv/nrs-670b.130","jurisdiction":"us-nv","citation":"NRS 670B.130","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, including activities to prevent default on the student education loan, to facilitate the activities described in subsection 1 or 2.","path":["TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS","CHAPTER 670B - STUDENT LOAN SERVICERS; PRIVATE EDUCATION LENDERS","STUDENT LOAN SERVICERS","Licensing"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-670B.html#NRS670BSec130","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:45Z","sha256":"d8bbc52ee444d994e41fe05cd80090dceb58204fcff33bab499bb8e4ef2d9a6c","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-670b.120","next":"us-nv/nrs-670b.200"},"notice":"GroundRules: Original legal text. Not legal advice."}