Nevada § 349.857 - Director: Loans of securities
Full text of Nevada Nevada Revised Statutes § 349.857 — Director: Loans of securities, with citation guidance and answers to common questions.
§ 349.857. Director: Loans of securities
1. The Director may lend any securities in which he or she invests pursuant to NRS 349.855 if he or she receives collateral from the borrower in the form of cash or marketable
securities that are: (a) Acceptable to the Director; and (b) At least 102 percent of the value of the securities borrowed. 2. The Director may enter into such contracts as are necessary to extend and manage
loans pursuant to this section.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 349.857
What does Nevada Revised Statutes § 349.857 cover?
Section 349.857 ("Director: Loans of securities") 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 § 349.857?
A common citation format is "Nevada Revised Statutes § 349.857" (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 § 349.857 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.