The power of a savings bank to make loans shall include:
1. The power to purchase loans of any type that the savings bank may make.
2. The power to make loans upon the security of loans of any type that the savings bank may make.
NRS 673.278
Power to make loans includes power to purchase loans and make loans upon security of other loans
(Added to NRS by 1957, 761; A 1959, 543; 2017, 1937)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.