Asset management company defined.
Nev. Rev. Stat. § 645H.040
in effectAsset 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 company, mortgage servicer as that term is defined in NRS 645F.063 , credit union, thrift company, savings and loan association or savings bank, 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.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-645H.htmlFetched: 10/4/2026
