677.780 - Loans may be made to any person; exceptions; property situated outside of State. - Nevada Statutes

677.780  Loans may be made to any person; exceptions; property situated outside of State.

      1.  Except as provided in NRS 677.770 and 677.790, a licensee may make loans to any person, secured by real or personal property, without regard to the location or nature of the security.

      2.  Any loan made on property situated outside this state which is lawful under the laws of the state in which the property is situated may be collected or otherwise enforced in this state in accordance with its terms.

      (Added to NRS by 1975, 1843; A 1985, 2209)