Nev. Admin. Code § 677.270

Current through December 12, 2024

Section 677.270 - Limitations on lending

No thrift company may have outstanding total amounts of cash advanced as defined in NRS 677.030 plus the net amount owed to the thrift company on any item listed in subsection 1 of NRS 677.790 which in the aggregate exceeds 11 times its unimpaired capital.

Dep't of Commerce, Thrift Companies Reg. § 7, eff. 2-7-76; A 1-4-78; 12-14-78

NRS 677.380