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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 30. Public Borrowing and Obligations § 349.860. Insurance - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-30-public-borrowing-and-obligations/nv-rev-st-349-860/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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