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NRS 106A.040

“Financial covenant” defined

Known as the Uniform Mortgage Modification Act

The act spans §§ 106A.010 to 106A.170 (16 sections).

(Added to NRS by 2025, 615)

“Financial covenant” means an undertaking to demonstrate an obligor’s creditworthiness or the adequacy of security provided by an obligor.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.