# Nev. Rev. Stat. § 673.300: Savings bank may become member and stockholder of Federal Home Loan Bank, borrow money and invest in bonds

> Nevada · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NV_T55_C673_S673.300

## Section

- **Citation:** Nev. Rev. Stat. § 673.300
- **Heading:** Savings bank may become member and stockholder of Federal Home Loan Bank, borrow money and invest in bonds
- **Jurisdiction:** Nevada
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** NV Code / Title 55 / Chapter 673 / Section 673.300

## Text

1. Any savings bank which may now or hereafter be eligible to become a member of any Federal Home Loan Bank according to the terms of the Federal Home Loan Bank Act of 1932, 12 U.S.C. §§ 1421 to 1449 , inclusive, as amended or supplemented, may: (a) Subscribe for, purchase, own and hold stock in such Federal Home Loan Bank, and become a member thereof. (b) Borrow money from any Federal Home Loan Bank pursuant to the Federal Home Loan Bank Act, as amended or supplemented. (c) Invest in the bonds of any Federal Home Loan Bank. (d) Give its obligations and pledge securities and conform to the provisions of the Federal Home Loan Bank Act, and to the rules and regulations from time to time fixed and prescribed either by the Federal Home Loan Bank Board or the Federal Home Loan Bank of which it is a member. (e) Perform any acts and execute any instruments authorized or required by the Federal Home Loan Bank Act, as amended or supplemented, or by rules and regulations adopted pursuant to the Act.

2. All acts authorized by subsection 1 performed prior to March 18, 1935, are hereby validated and confirmed.

## Nearby sections

- [Nev. Rev. Stat. § 673.001 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_NV_T55_C673_S673.001.md)
- [Nev. Rev. Stat. § 673.008 “Foreign” defined](https://www.frixlaw.com/law-library/statutes/STATE_NV_T55_C673_S673.008.md)
- [Nev. Rev. Stat. § 673.016 “Insured depository institution” defined](https://www.frixlaw.com/law-library/statutes/STATE_NV_T55_C673_S673.016.md)
- [Nev. Rev. Stat. § 673.017 “Investment certificate” defined](https://www.frixlaw.com/law-library/statutes/STATE_NV_T55_C673_S673.017.md)
- [Nev. Rev. Stat. § 673.034 “Withdrawal value” defined](https://www.frixlaw.com/law-library/statutes/STATE_NV_T55_C673_S673.034.md)
- [Nev. Rev. Stat. § 673.035 Administration of chapter](https://www.frixlaw.com/law-library/statutes/STATE_NV_T55_C673_S673.035.md)
- [Nev. Rev. Stat. § 673.039 Records of Commissioner](https://www.frixlaw.com/law-library/statutes/STATE_NV_T55_C673_S673.039.md)
- [Nev. Rev. Stat. § 673.040 Commissioner to supervise and make policy](https://www.frixlaw.com/law-library/statutes/STATE_NV_T55_C673_S673.040.md)
- [Nev. Rev. Stat. § 673.043 Regulations; authority of Commissioner to waive, modify or alter any requirement of chapter](https://www.frixlaw.com/law-library/statutes/STATE_NV_T55_C673_S673.043.md)
- [Nev. Rev. Stat. § 673.044 Notices](https://www.frixlaw.com/law-library/statutes/STATE_NV_T55_C673_S673.044.md)
- [Nev. Rev. Stat. § 673.045 Amendment or alteration of license by Commissioner; appeal](https://www.frixlaw.com/law-library/statutes/STATE_NV_T55_C673_S673.045.md)
- [Nev. Rev. Stat. § 673.046 Application for license: Additional requirements; fingerprints; grounds for refusal to issue license](https://www.frixlaw.com/law-library/statutes/STATE_NV_T55_C673_S673.046.md)
- [Nev. Rev. Stat. § 673.048 Suspension or revocation of license: Additional grounds](https://www.frixlaw.com/law-library/statutes/STATE_NV_T55_C673_S673.048.md)
- [Nev. Rev. Stat. § 673.049 Authority of Commissioner to issue subpoenas and require attendance of parties](https://www.frixlaw.com/law-library/statutes/STATE_NV_T55_C673_S673.049.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NV_T55_C673_S673.300. Check the current official text before relying on it. Not legal advice.