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

NRS 662.155: Limit on combination of investments and loans involving single obligor, person or entity.

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Where this section sits in the code
  1. TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS
  2. CHAPTER 662 - POWERS AND MISCELLANEOUS PROVISIONS
  3. INVESTMENTS; RESERVES; LOAN LIMITS

1. The combination of investments in private securities provided for in subsection 5 of NRS 662.065 and outstanding loans provided for in subsection 1 of NRS 662.145, of any bank to any one obligor, person, company, corporation or firm, including any unincorporated company or firm and the members thereof, must not at any time exceed 25 percent of the stockholders’ or members’ equity of the bank.

2. The Commissioner may adopt regulations necessary to carry out the provisions of this section.

Collected 2026-09-03T05:51:45Z. Source file · JSON

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