Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 319.172: Authority to make loans of investment securities.

Where this section sits in the code

TITLE 25 — PUBLIC ORGANIZATIONS FOR COMMUNITY SERVICE
CHAPTER 319 - ASSISTANCE TO FINANCE HOUSING
GENERAL PROVISIONS

1. The Division may lend any securities in which it invests pursuant to NRS 319.170 if the Division receives collateral from the borrower in the form of cash or marketable securities that are:

(a) Acceptable to the Division; and

(b) At least 102 percent of the value of the securities borrowed.

2. The Division may enter into such contracts as are necessary to extend and manage loans pursuant to this section.

Collected 2026-09-03T05:51:36Z. Source file · JSON

Browse this collection