Statutes > Nevada Statutes > TITLE 9 - SECURITY INSTRUMENTS OF PUBLIC UTILITIES; MORTGAGES; DEEDS OF TRUST; OTHER LIENS > Chapter 106 - Real Mortgages > ENCUMBRANCE TO SECURE FUTURE ADVANCES > 106.320 - “Future advance” defined.

106.320 - “Future advance” defined.

106.320  “Future advance” defined.  “Future advance” means a loan of money to a borrower pursuant to an agreement but made after the agreement is executed.

      (Added to NRS by 1985, 725)