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Nevada Revised Statutes Title 55. Banks and Related Organizations § 670B.070. “Private education lender” defined

Current as of January 01, 2025 | Updated by Findlaw Staff

1. “Private education lender” means any person engaged in the business of securing, making or extending private education loans, or any holder of a private education loan.

2. To the extent that state law is not preempted by federal law, the term does not include:

(a) A bank, savings bank, savings and loan association or credit union;

(b) A wholly owned subsidiary of a bank or credit union;

(c) An operating subsidiary if each owner of the operating subsidiary is wholly owned by the same bank or credit union;

(d) The Nevada System of Higher Education; or

(e) The Western Interstate Commission for Higher Education.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 55. Banks and Related Organizations § 670B.070. “Private education lender” defined - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-55-banks-and-related-organizations/nv-rev-st-670b-070/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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