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Nevada Revised Statutes 673.324 - Permissible loans

Nevada Revised Statutes > Title 56 > Chapter 673 > Loans > § 673.324. Permissible loans


Current as of: 2009

      1.  An association may make any loan which:

      (a) Is secured by real property;

      (b) Is secured by personal property;

      (c) Results from a credit card issued by the association;

      (d) Is unsecured;

      (e) Is made to the United States, its agencies or any governmental agency of the State of Nevada; or

      (f) Is made at the discretion of the association’s directors, if the loan will not impair the insurability of the association’s accounts by the Federal Deposit Insurance Corporation.

      2.  Additional loans or advances on the same property, without intervening liens, shall be deemed to be first liens for the purpose of this chapter.

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See also:
Nevada Revised Statutes > Chapter 673 - Savings and Loan Associations

U.S. Code Provisions: Savings and Loans

U.S. Code Title 20 > Chapter 3 > Subchapter XV - Civil Rights History Project
U.S. Code Title 21 > Chapter 9 > Subchapter X - Miscellaneous
U.S. Code Title 42 > Chapter 149 > Subchapter XVII - Protecting America's Competitive Edge Through Energy
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