Nevada § 662.155 Limit on combination of investments and loans involving single obligor, person or entity

Nevada Statutes

§ 662.155 — Limit on combination of investments and loans involving single obligor, person or entity

Nevada § 662.155

Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL

Ch. 662Powers

INVESTMENTS; RESERVES; LOAN LIMITS

This text of Nevada § 662.155 (Limit on combination of investments and loans involving single obligor, person or entity) 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. § 662.155 (2026).

Text

1.The combination of investments in private securities provided for in subsection 5 of NRS 662.065 and outstanding loans provided for in subsection 1 of NRS 662.145 , of any bank to any one obligor, person, company, corporation or firm, including any unincorporated company or firm and the members thereof, must not at any time exceed 25 percent of the stockholders’ or members’ equity of the bank.

2.The Commissioner may adopt regulations necessary to carry out the provisions of this section.

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1. The combination of investments in private securities provided for in subsection 5 of NRS 662.065 and outstanding loans provided for in subsection 1 of NRS 662.145 , of any bank to any one obligor, person, company, corporation or firm, including any unincorporated company or firm and the members thereof, must not at any time exceed 25 percent of the stockholders’ or members’ equity of the bank.
2. The Commissioner may adopt regulations necessary to carry out the provisions of this section.