There is a newer version of the Nevada Revised Statutes
2011 Nevada Revised Statutes
Chapter 677 - Thrift Companies
NRS 677.770 - Limitations on amount of secured loans or obligations of any one obligor.
NV Rev Stat § 677.770 (2011) What's This?
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.
(Added to NRS by 1975, 1843; A 1985, 2208; 1987, 1245; 1989, 1101; 1993, 2817; 1997, 1023)
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