NRS 673.2765
Investments in certain related service companies, operating subsidiaries or financial subsidiaries.

A savings bank may invest in the capital stock, obligations or other securities of a related service company, operating subsidiary or financial subsidiary, subject to any regulations concerning the insurability of the accounts of the savings bank by the Federal Deposit Insurance Corporation and to whatever regulations the Commissioner may impose in this regard, if the entire capital stock of the corporation is available for purchase by insured depository institutions under any federal or state law.

Source: Section 673.2765 — Investments in certain related service companies, operating subsidiaries or financial subsidiaries., https://www.leg.state.nv.us/NRS/NRS-673.html#NRS673Sec2765.

673.276
Permissible investments. 673.278
Power to make loans includes power to purchase loans and make loans upon security of other loans. 673.279
Purchases of real property contracts 673.280
Certain federal obligations are legal investments. 673.281
Restrictions on transfer or encumbrance of note and other obligations held by association. 673.300
Savings bank may become member and stockholder of Federal Home Loan Bank, borrow money and invest in bonds. 673.301
Savings bank may issue capital notes 673.302
Limitation on borrowing. 673.310
Loans and advances of credit insured by Federal Housing Administration or Department of Veterans Affairs. 673.315
Investment in Federal National Mortgage Association, Federal Home Loan Mortgage Corporation and SLM Corporation. 673.316
Additional advances or loans to borrower 673.2765
Investments in certain related service companies, operating subsidiaries or financial subsidiaries. 673.2766
Investments in real property for subdivision or residential development.

Last Updated

Feb. 5, 2021

§ 673.2765’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_673.2765

Original Source: Section 673.2765 — Investments in certain related service companies, operating subsidiaries or financial subsidiaries., https://www.leg.state.nv.us/NRS/NRS-673.html#NRS673Sec2765 (last accessed Feb. 5, 2021).