Nevada Revised Statutes (Last Updated: December 24, 2014)

NRS682A.180. Collateral loans.

Latest version.

An insurer may lend and thereby invest its funds upon the pledge of securities eligible for investment under this chapter. As of the date made, the loan must not exceed in amount 90 percent of the market value of the collateral pledged.

(Added to NRS by 1971, 1624; A 2005, 2120)

                    
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