Nev. Rev. Stat. § 645B.01305

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 645B.01305 - "Private investor" defined

"Private investor" means:

1. An investor who is a natural person and who provides his or her own money for investment in a loan secured by a lien on real property; and

2. Two or more investors who are relatives and who jointly provide their own money for investment in a loan secured by a lien on real property, unless the investors are acting on behalf of a partnership, a corporation or some other separate legal entity.

NRS 645B.01305

Added to NRS by 2001, 2463