Nevada § 40.502 - “Environmental provision” defined
Full text of Nevada Nevada Revised Statutes § 40.502 — “Environmental provision” defined, with citation guidance and answers to common questions.
§ 40.502. “Environmental provision” defined
“Environmental provision” means any written representation, warranty, indemnity, promise
or covenant relating to the existence, location, nature, use, generation, manufacture,
storage, disposal, handling, or past, present, future or threatened release of any
hazardous substance from, in, into or onto real collateral, or to past, present or
future compliance with any law relating thereto, made by a debtor in conjunction with
the making, renewal or modification of a loan, extension of credit, guaranty or other
obligation involving the debtor, whether or not the representation, warranty, indemnity,
promise or covenant is or was contained in or secured by the mortgage and whether
or not the mortgage has been discharged, reconveyed or foreclosed upon.
Frequently Asked Questions About Nevada § 40.502
What does Nevada Revised Statutes § 40.502 cover?
Section 40.502 ("“Environmental provision” defined") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 40.502?
A common citation format is "Nevada Revised Statutes § 40.502" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 40.502 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.