349.770 - Investigation of credit available to exporter prerequisite for guaranteed funding. - Nevada Statutes

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Statutes > Nevada > Title-30 > Chapter-349 > Revenue-bonds-for-financing-exportation-of-goods > 349-770

349.770 Investigation of credit available to exporter prerequisite for guaranteed funding. Before any guaranteed funding is provided, the participating financial institution shall investigate the credit or sources of credit available to the exporter in order to determine the economic benefits to be derived from the guarantee, the prospects of repayment, and such other factors as are necessary to determine that the guaranteed funding is consistent with the purposes of the program.

(Added to NRS by 1985, 2016)

State Codes and Statutes

Statutes > Nevada > Title-30 > Chapter-349 > Revenue-bonds-for-financing-exportation-of-goods > 349-770

349.770 Investigation of credit available to exporter prerequisite for guaranteed funding. Before any guaranteed funding is provided, the participating financial institution shall investigate the credit or sources of credit available to the exporter in order to determine the economic benefits to be derived from the guarantee, the prospects of repayment, and such other factors as are necessary to determine that the guaranteed funding is consistent with the purposes of the program.

(Added to NRS by 1985, 2016)

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State Codes and Statutes

Statutes > Nevada > Title-30 > Chapter-349 > Revenue-bonds-for-financing-exportation-of-goods > 349-770

349.770 Investigation of credit available to exporter prerequisite for guaranteed funding. Before any guaranteed funding is provided, the participating financial institution shall investigate the credit or sources of credit available to the exporter in order to determine the economic benefits to be derived from the guarantee, the prospects of repayment, and such other factors as are necessary to determine that the guaranteed funding is consistent with the purposes of the program.

(Added to NRS by 1985, 2016)