Nevada § 319.190 - Authority to make loans and issue letters of credit
Full text of Nevada Nevada Revised Statutes § 319.190 — Authority to make loans and issue letters of credit, with citation guidance and answers to common questions.
§ 319.190. Authority to make loans and issue letters of credit
1. The Division may make, undertake commitments to make and participate with lending
institutions in the making of mortgage loans and may make temporary loans and advances
in anticipation of mortgage loans to finance the acquisition, construction, development,
renewal, redevelopment, rehabilitation or refinancing of residential housing, including,
without limitation, multifamily housing, within this state. 2. The Division may issue letters of credit to finance the acquisition, construction,
development, renewal, redevelopment, rehabilitation or refinancing of residential
housing, including, without limitation, multifamily housing, within this state if,
at the time a letter of credit is issued, the Division has a credit rating within
one of the three highest rating categories of a nationally recognized rating agency.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 319.190
What does Nevada Revised Statutes § 319.190 cover?
Section 319.190 ("Authority to make loans and issue letters of credit") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 319.190?
A common citation format is "Nevada Revised Statutes § 319.190" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 319.190 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.