Nevada § 677.790 Powers of licensee

Nevada Statutes

§ 677.790 — Powers of licensee

Nevada § 677.790

Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL

Ch. 677Thrift

LOANS; POWERS AND PRIVILEGES

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Bluebook

Nev. Rev. Stat. § 677.790 (2026).

Text

Except as provided in NRS 677.770, a licensee may: 1. Make loans secured by, and purchase, sell or discount in any amount:

(a)Bona fide trust receipts;

(b)Secured choses in action;

(c)Chattel mortgages;

(d)Conditional sales contracts;

(e)Security agreements;

(f)Leases;

(g)Lien contracts; and

(h)Deeds of trust. 2. Accept deposits, including deposits payable on demand and time deposits, and issue certificates of deposit. 3. Enter into leases and purchase equipment for those leases.

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Except as provided in NRS 677.770, a licensee may:
1. Make loans secured by, and purchase, sell or discount in any amount:
(a) Bona fide trust receipts;
(b) Secured choses in action;
(c) Chattel mortgages;
(d) Conditional sales contracts;
(e) Security agreements;
(f) Leases;
(g) Lien contracts; and
(h) Deeds of trust.
2. Accept deposits, including deposits payable on demand and time deposits, and issue certificates of deposit.
3. Enter into leases and purchase equipment for those leases.