Nevada § 41.590 - Lender not liable for defects in property acquired with borrowed money
Full text of Nevada Nevada Revised Statutes § 41.590 — Lender not liable for defects in property acquired with borrowed money, with citation guidance and answers to common questions.
§ 41.590. Lender not liable for defects in property acquired with borrowed money
A lender who makes a loan of money, the proceeds of which are used or may be used
by the borrower to finance the design, manufacture, construction, repair, modification
or improvement of real or personal property, shall not be held liable to the borrower
or to third persons for any loss or damage occasioned by any defect in the real or
personal property so designed, manufactured, constructed, repaired, modified or improved
or for any loss or damage resulting from the failure of the borrower to use due care
in the design, manufacture, construction, repair, modification or improvement of such
real or personal property, unless the loss or damage is the result of some other action
or activity of the lender than the loan transaction.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 41.590
What does Nevada Revised Statutes § 41.590 cover?
Section 41.590 ("Lender not liable for defects in property acquired with borrowed money") 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 § 41.590?
A common citation format is "Nevada Revised Statutes § 41.590" (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 § 41.590 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.