Deposit of company’s money on condition of loan or advance.

NRS 677.840 Deposit of company’s money on condition of loan or advance. Any director, officer or employee of any licensee who makes or maintains, or attempts to make or maintain, a deposit of such company’s funds with any other person on condition, or with the understanding, express or implied, that the person receiving such deposit make a loan or advance, directly or indirectly, to any director, officer or employee of the licensee so making or maintaining or attempting to make or maintain such deposit, is guilty of a misdemeanor. (Added to NRS by 1975, 1846)