“Guaranteed funding” means a loan made to a participating financial institution which includes an agreement to excuse its repayment, under specified conditions, made for the purpose of financing an eligible transaction. A guarantee may cover a pool of eligible transactions.
NRS 349.730
“Guaranteed funding” defined
Known as the State Securities Law
The act spans §§ 349–349 (273 sections).
(Added to NRS by 1985, 2014)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.