GroundRules
NRS 677.770: Limitations on amount of secured loans or obligations of any one obligor.
Where this section sits in the code
- TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS
- CHAPTER 677 - THRIFT COMPANIES
- LOANS; POWERS AND PRIVILEGES
Secured loans or obligations of any one person as primary obligor made or held by a licensee may not, in any event, exceed in the aggregate 25 percent of the stockholders’ equity of the licensee. Loans secured by deposits with the licensee must not be included in applying this limitation.
Collected 2026-09-03T05:51:46Z. Source file · JSON