{"data":{"id":"us-nv/nrs-672.740","jurisdiction":"us-nv","citation":"NRS 672.740","heading":"Security for loans.","body":"1. In addition to generally accepted types of security, the endorsement of a note by a guarantor or assignment of shares or wages, in a manner consistent with the laws of this state, shall be deemed security within the meaning of this chapter.\n2. The credit committee or loan officer, subject to the provisions of this chapter and the bylaws, is responsible for determining the adequacy of security for any loans.","path":["TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS","CHAPTER 672 - CREDIT UNIONS","LOANS; INVESTMENTS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-672.html#NRS672Sec740","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:45Z","sha256":"1f60bd75ca44fb8b27ae5058b16ddbe05e9a62ed193b8b844f999d2673a0eab8","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-672.730","next":"us-nv/nrs-672.750"},"notice":"GroundRules: Original legal text. Not legal advice."}