NRS 349.730 - “Guaranteed funding” defined.

NV Rev Stat § 349.730 (2019) (N/A)
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“Guaranteed funding” means a loan made to a participating financial institution which includes an agreement to excuse its repayment, under specified conditions, made for the purpose of financing an eligible transaction. A guarantee may cover a pool of eligible transactions.

(Added to NRS by 1985, 2014)