Nevada Revised Statutes 645H.280 – Duties of Division; restrictions on employees of Division
Current as of: 2023 | Check for updates
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1. The Division shall administer the provisions of this chapter and may employ legal counsel, investigators and other professional consultants necessary to discharge its duties pursuant to this chapter.
Terms Used In Nevada Revised Statutes 645H.280
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
2. An employee of the Division must not be employed by or have an interest in any business that manages residences in foreclosure or other assets.
3. An employee of the Division shall not act as an asset manager or as an agent for an asset management company.