Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE56 OTHER FINANCIAL INSTITUTIONS |
CHAPTER673. Savings and Loan Associations |
RESERVE FOR LOSSES |
NRS673.2758. Requirements.
Latest version.
- A reserve for losses shall be maintained by each association, which shall allow for the write-down of assets to their fair market value in accordance with generally accepted accounting principles.
(Added to NRS by 1969, 962)