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

NRS 677.790: Powers of licensee.

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Where this section sits in the code
  1. TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS
  2. CHAPTER 677 - THRIFT COMPANIES
  3. LOANS; POWERS AND PRIVILEGES

Except as provided in NRS 677.770, a licensee may:

1. Make loans secured by, and purchase, sell or discount in any amount:

(a) Bona fide trust receipts;

(b) Secured choses in action;

(c) Chattel mortgages;

(d) Conditional sales contracts;

(e) Security agreements;

(f) Leases;

(g) Lien contracts; and

(h) Deeds of trust.

2. Accept deposits, including deposits payable on demand and time deposits, and issue certificates of deposit.

3. Enter into leases and purchase equipment for those leases.

Collected 2026-09-03T05:51:46Z. Source file · JSON

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