2021 Nevada Revised Statutes
Chapter 677 - Thrift Companies
NRS 677.840 - Deposit of company’s money on condition of loan or advance.

Universal Citation: NV Rev Stat § 677.840 (2021)

Any director, officer or employee of any licensee who makes or maintains, or attempts to make or maintain, a deposit of such company’s funds with any other person on condition, or with the understanding, express or implied, that the person receiving such deposit make a loan or advance, directly or indirectly, to any director, officer or employee of the licensee so making or maintaining or attempting to make or maintain such deposit, is guilty of a misdemeanor.

(Added to NRS by 1975, 1846)

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