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Code · Nevada · CHAPTER 677 - THRIFT COMPANIES

NRS 677.840 Deposit of company’s money on condition of loan or advance.

89 words·~1 min read·/nv/chapter-677-thrift-companies/677-840·

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NRS 677.840 Deposit of company’s money on condition of loan or advance. Any director, officer or employee of any licensee who makes or maintains, or attempts to make or maintain, a deposit of such company’s funds with any other person on condition, or with the understanding, express or implied, that the person receiving such deposit make a loan or advance, directly or indirectly, to any director, officer or employee of the licensee so making or maintaining or attempting to make or maintain such deposit, is guilty of a misdemeanor.
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