Issuance of thrift certificates prohibited; exception.

Checkout our iOS App for a better way to browser and research.

1. Except as otherwise provided in subsection 2, this chapter does not permit a licensee to issue thrift certificates.

2. A licensee who maintains a branch office located outside this state may issue thrift certificates and any other securities that are permitted to be issued by a licensee pursuant to the laws of the state in which the branch office is located.

(Added to NRS by 1975, 1844; A 1985, 2201; 1997, 1019)


Download our app to see the most-to-date content.