A savings bank shall not make at one time loans to any one borrower, or under any one transaction, or applicable to any one project, or tract, if the savings bank would be prohibited from making such a loan under federal law applicable to federal savings banks pursuant to 12 C.F.R. § 32.3.
NRS 673.3271
Loans to one borrower
(Added to NRS by 1967, 1023; A 1969, 976; 1977, 511; 1983, 659, 1788; 1987, 1972; 2017, 1942)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.