“Guaranteed funding” defined.

NRS 349.730, under STATE OBLIGATIONS.

NRS 349.730

NRS 349.730 “Guaranteed funding” defined. “Guaranteed funding” means a loan made to a participating financial institution which includes an agreement to excuse its repayment, under specified conditions, made for the purpose of financing an eligible transaction. A guarantee may cover a pool of eligible transactions. (Added to NRS by 1985, 2014)