There is a newer version of the Nevada Revised Statutes
2014 Nevada Revised Statutes
Chapter 645B - Mortgage Brokers and Mortgage Agents
NRS 645B.353 - Mortgage broker prohibited from releasing borrower or guarantor from personal liability without certain approval.
NV Rev Stat § 645B.353 (2014) What's This?
Except as otherwise permitted by law, a mortgage broker shall not release a borrower or guarantor from personal liability for a loan unless a majority of the investors approve such a release.
(Added to NRS by 2011, 3604)
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