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NRS 673.302

Limitation on borrowing

(Added to NRS by 1967, 1022; A 1983, 656, 1785; 1987, 1969; 1993, 2812; 2017, 1938)

The aggregate amount of all borrowings of any savings bank shall not exceed an amount which would impair the insurance of the accounts of the savings bank by the Federal Deposit Insurance Corporation.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.