NRS645H.040. “Asset management company” defined.

Latest version.

“Asset management company” means a person, limited-liability company, partnership, association or corporation which, for compensation and pursuant to a contractual agreement, power of attorney or other legal authorization, engages in asset management on behalf of:

      1. A bank, mortgage broker, mortgage banker, credit union, thrift company or savings and loan association, or any subsidiary thereof which is authorized to transact business in this State;

      2. A mortgage holding entity chartered by Congress; or

      3. A federal, state or local governmental entity.

(Added to NRS by 2011, 2818)

                    
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