A director, officer or employee of a licensee who concurs in any vote or act by which it is intended to make a loan or purchase a contract in violation of this chapter is guilty of a misdemeanor.
NRS 677.830
Making loan or purchasing contract in violation of chapter
Known as the Nevada Thrift Companies Act
The act spans §§ 677–677 (106 sections).
(Added to NRS by 1975, 1846)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.