Nevada Statutes
§ 677.610 — Authorized investments
Nevada § 677.610
JurisdictionNevada
Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL
Ch. 677Thrift
GENERAL REGULATIONS
This text of Nevada § 677.610 (Authorized investments) 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. § 677.610 (2026).
Text
A licensee shall not invest any of its money, except:
1.As authorized in this chapter;
2.In legal investments for banks, credit unions or savings associations; or
3.To the extent of 5 percent or less of its total assets, in preferred stock of corporations which have been given a rating of “A” or better by a national rating service and which are not in default in the payment of dividends.
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Legislative History
(Added to NRS by 1975, 1844 ; A 1981, 1025 ; 1987, 1244 ; 1999, 1452 )
Nearby Sections
15
§ 677.010
Short title§ 677.020
Definitions§ 677.030
“Amount of cash advance” defined§ 677.040
“Amount of loan obligation” defined§ 677.050
“Borrowings” defined§ 677.060
“Charges” defined§ 677.065
“Commissioner” defined§ 677.070
“Community” defined§ 677.075
“Deposit” defined§ 677.090
“Gross amount” defined§ 677.100
“License” defined§ 677.110
“Licensee” defined§ 677.115
“Loan” defined§ 677.125
“Stockholders’ equity” defined§ 677.130
“Thrift certificate” definedCite This Page — Counsel Stack
Bluebook (online)
Nevada § 677.610, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/677.610.