Nevada Revised Statutes 294A.008 – ‘Loan’ defined
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‘Loan’ means a transfer of money, property or anything of value in exchange for an obligation to repay the transfer of money in whole or in part.
Terms Used In Nevada Revised Statutes 294A.008
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.