NAC677.150. Approval required to pledge assets.

Latest version.

No assets of the thrift company may be pledged to secure payment of the bond or letter of credit without the express written permission of the Commissioner.

[Dep’t of Commerce, Thrift Companies Reg. § 2 subsec. 2.3, eff. 1-4-78]—(NAC A by Admstr. of Financial Institutions, eff. 6-29-84)

                    
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