Nev. Rev. Stat. § 349.860
Insurance
Nevada · Nevada Revised Statutes Chapter 349 — State Obligations · Status: effective
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- Citation
- Nev. Rev. Stat. § 349.860, Insurance, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2104643
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Full text
The Director may use money from the fund for financing exports to:
1. Insure against the program’s risk of loss resulting from the failure of the exporter to repay the loan provided by a participating financial institution; and
2. Purchase insurance to secure the payment of the principal of, interest on, and premium, if any, due in connection with any bonds issued.