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NEVADA STATUTES AND CODES

645E.030 - “Commercial mortgage loan” defined.

645E.030  “Commercial mortgage loan” defined.  “Commercial mortgage loan” means a loan that:

      1.  Directly or indirectly, is secured by a lien on commercial property; and

      2.  Is created with the consent of the owner of the commercial property.

      (Added to NRS by 1999, 3744)

     

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