Nevada Administrative Code
Chapter 677 - Thrift Companies
CAPITAL STRUCTURE
Section 677.270 - Limitations on lending
Universal Citation: NV Admin Code 677.270
Current through September 16, 2024
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
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