Nevada Statutes
§ 677.770 — Limitations on amount of secured loans or obligations of any one obligor
Nevada § 677.770
JurisdictionNevada
Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL
Ch. 677Thrift
LOANS; POWERS AND PRIVILEGES
This text of Nevada § 677.770 (Limitations on amount of secured loans or obligations of any one obligor) 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. § 677.770 (2026).
Text
Secured loans or obligations of any one person as primary obligor made or held by a licensee may not, in any event, exceed in the aggregate 25 percent of the stockholders’ equity of the licensee. Loans secured by deposits with the licensee must not be included in applying this limitation.
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Legislative History
(Added to NRS by 1975, 1843 ; A 1985, 2208 ; 1987, 1245 ; 1989, 1101 ; 1993, 2817 ; 1997, 1023 )
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 § 677.770, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/677.770.