“Private investor” means:
1. An investor who is a natural person and who provides his or her own money for investment in a loan secured by a lien on real property; and
2. Two or more investors who are relatives and who jointly provide their own money for investment in a loan secured by a lien on real property, unless the investors are acting on behalf of a partnership, a corporation or some other separate legal entity.
(Added to NRS by 2001, 2463)
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