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NRS 645B.01043

“Commercial mortgage loan” defined

(Added to NRS by 2017, 3035)

“Commercial mortgage loan” means a loan primarily for a business, commercial or agricultural purpose 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.

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