NRS 657.130 – Committees to review compliance: Definitions; confidentiality and privilege.
1. As used in this section, unless the context otherwise requires: (a) “Committee to review compliance” means one or more persons assigned or engaged by a financial institution to test, review or evaluate its conduct, transactions or potential transactions, policies or procedures for the purpose of monitoring and improving or enforcing compliance with state and […]
NRS 657.140 – Loan agreements: Certain provisions for recovery prohibited; exceptions.
1. Except as otherwise provided in subsection 2, a financial institution shall not include in any loan agreement a provision that allows the financial institution to recover, take, appropriate or otherwise apply as a setoff against any debt or liability owing to the financial institution under the loan agreement money from an account unrelated to […]
NRS 657.105 – Effect of certain chapters on powers, privileges, duties and restrictions of corporations, companies, associations and natural persons.
1. The powers, privileges, duties and restrictions conferred and imposed upon any corporation, company, association or natural person, existing and doing business under the laws of this State, are hereby abridged, enlarged or modified, as each particular case may require, to conform to the provisions of chapters 657 to 671, inclusive, of NRS, notwithstanding anything […]
NRS 657.110 – Certain mortgagees and beneficiaries of deeds of trust to provide contact information to the Division of Financial Institutions; Division of Financial Institutions to maintain information on its Internet website.
1. Each mortgagee or beneficiary of a deed of trust under a residential mortgage loan, including, without limitation, a bank, credit union, savings bank, savings and loan association, thrift company or other financial institution which is licensed, registered or otherwise authorized to do business in this State, shall provide to the Division of Financial Institutions […]
NRS 657.120 – Fees and charges: Imposition and collection by financial institution; limitations.
1. A financial institution may impose and collect a fee or charge, not to exceed an amount specified in or limited by specific statute, for any service it provides to a customer, if the fee or charge is clearly and conspicuously disclosed in writing to the customer before the customer receives the service. A financial […]