Nevada Revised Statutes 349.860 – Insurance
Current as of: 2022 | Check for updates
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The Director may use money from the fund for financing exports to:
1. Insure against the program’s risk of loss resulting from the failure of the exporter to repay the loan provided by a participating financial institution; and
2. Purchase insurance to secure the payment of the principal of, interest on, and premium, if any, due in connection with any bonds issued.