NRS 677.770
Limitations on amount of secured loans or obligations of any one obligor.

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.

Source: Section 677.770 — Limitations on amount of secured loans or obligations of any one obligor., https://www.­leg.­state.­nv.­us/NRS/NRS-677.­html#NRS677Sec770.

Last Updated

Jun. 24, 2021

§ 677.770’s source at nv​.us