No licensee may:
- 1. Take any confession of judgment or any power of attorney running to himself or herself or to any third person to confess judgment or to appear for the borrower in a judicial proceeding.
- 2. Take any note or promise to pay which does not disclose the date and amount of the loan obligation, a schedule or description of the payments to be made thereon and the rate or aggregate amount of the agreed charges.
- 3. Take any instrument in which blanks are left to be filled in after the loan is made.
- 4. Take a lien upon real property as security for any loan made under this chapter except real property upon which is situated a mobile home or factory-built housing that also secures the loan, and except such lien as is created by law through the rendition or recording of a judgment.
(Added to NRS by 1959, 235; A 1959, 783; 1979, 829; 1991, 884)