“Obligor” means a person that:
1. Owes payment or performance of an obligation;
2. Signs a mortgage; or
3. Is otherwise accountable, or whose property serves as collateral, for payment or performance of an obligation.
“Obligor” defined
Known as the Uniform Mortgage Modification Act
The act spans §§ 106A.010 to 106A.170 (16 sections).
(Added to NRS by 2025, 615)
“Obligor” means a person that:
1. Owes payment or performance of an obligation;
2. Signs a mortgage; or
3. Is otherwise accountable, or whose property serves as collateral, for payment or performance of an obligation.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.