'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)
Nevada Legal Code