Nevada § 319.172 Authority to make loans of investment securities

Nevada Statutes

§ 319.172 — Authority to make loans of investment securities

Nevada § 319.172

Title 25PUBLIC ORGANIZATIONS FOR COMMUNITY SERVICE

Ch. 319Assistance

GENERAL PROVISIONS

This text of Nevada § 319.172 (Authority to make loans of investment securities) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 319.172 (2026).

Text

1. The Division may lend any securities in which it invests pursuant to NRS 319.170 if the Division receives collateral from the borrower in the form of cash or marketable securities that are:

(a)Acceptable to the Division; and

(b)At least 102 percent of the value of the securities borrowed. 2. The Division may enter into such contracts as are necessary to extend and manage loans pursuant to this section.

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1. The Division may lend any securities in which it invests pursuant to NRS 319.170 if the Division receives collateral from the borrower in the form of cash or marketable securities that are:
(a) Acceptable to the Division; and
(b) At least 102 percent of the value of the securities borrowed.
2. The Division may enter into such contracts as are necessary to extend and manage loans pursuant to this section.