NRS677.840. Deposit of company’s money on condition of loan or advance.

Latest version.

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.

(Added to NRS by 1975, 1846)

                    
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