Nevada § 279A.070 Duties of natural person or organization to whom loan is made; deferment of repayment of loan

Nevada Statutes

§ 279A.070 — Duties of natural person or organization to whom loan is made; deferment of repayment of loan

Nevada § 279A.070

Title 22COOPERATIVE AGREEMENTS BY PUBLIC AGENCIES; REGIONAL

Ch. 279ARehabilitation

This text of Nevada § 279A.070 (Duties of natural person or organization to whom loan is made; deferment of repayment of loan) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 279A.070 (2026).

Text

1. A natural person to whom a loan is made pursuant to this chapter shall:

(a)Maintain the property in a decent, safe and sanitary condition; and

(b)Reside, or have a member of his or her family reside, on the property. 2. An organization to which a loan is made pursuant to this chapter shall maintain the property in a decent, safe and sanitary condition. 3. If the natural person or organization to whom a loan is made is unable to repay in accordance with the established schedule, the governing body may defer, upon good cause shown, repayment of the amount of the loan until the sale of the rehabilitated property.

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1. A natural person to whom a loan is made pursuant to this chapter shall:
(a) Maintain the property in a decent, safe and sanitary condition; and
(b) Reside, or have a member of his or her family reside, on the property.
2. An organization to which a loan is made pursuant to this chapter shall maintain the property in a decent, safe and sanitary condition.
3. If the natural person or organization to whom a loan is made is unable to repay in accordance with the established schedule, the governing body may defer, upon good cause shown, repayment of the amount of the loan until the sale of the rehabilitated property.