677.590 - Issuance of thrift certificates prohibited; exception. - Nevada Statutes

677.590  Issuance of thrift certificates prohibited; exception.

      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)