There is a newer version of the Nevada Revised Statutes
2015 Nevada Revised Statutes
Chapter 682A - Investments
NRS 682A.170 - Loans secured by policy.
NV Rev Stat § 682A.170 (2015) What's This?
A life insurer may lend to its policyholder, upon pledge of the policy as collateral security, any sum not exceeding the cash surrender value of the policy, or may lend against pledge or assignment of any of its supplementary contracts or other contracts or obligations, so long as the loan is adequately secured by such pledge or assignment. Loans so made are eligible investments of the insurer.
(Added to NRS by 1971, 1624)
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