Nevada Revised Statutes 673.302 – Limitation on borrowing
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The aggregate amount of all borrowings of any savings bank shall not exceed an amount which would impair the insurance of the accounts of the savings bank by the Federal Deposit Insurance Corporation.
Terms Used In Nevada Revised Statutes 673.302
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.