Nev. Rev. Stat. § 677.790

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 677.790 - Powers of licensee

Except as provided in NRS 677.770, a licensee may:

1. Make loans secured by, and purchase, sell or discount in any amount:

(a) Bona fide trust receipts;

(b) Secured choses in action;

(c) Chattel mortgages;

(d) Conditional sales contracts;

(e) Security agreements;

(f) Leases;

(g) Lien contracts; and

(h) Deeds of trust.

2. Accept deposits, including deposits payable on demand and time deposits, and issue certificates of deposit.

3. Enter into leases and purchase equipment for those leases.

NRS 677.790

Added to NRS by 1975, 1843; A 1979, 1000; 1983, 1608; 1985, 2209; 1987, 1245