2014 Nevada Revised Statutes
Chapter 106 - Real Mortgages
NRS 106.400 - Advances made after notice of termination.

NV Rev Stat § 106.400 (2014) What's This?

Future advances of principal made to a borrower after the receipt of the notice of termination by the lender are not secured by the instrument. The principal amount of indebtedness secured by the instrument is limited to the amount stated by the lender in the lender s recorded statement.

(Added to NRS by 1985, 726; A 1989, 493)

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