1. Any person desiring to obtain a loan from the State Permanent School Fund on agricultural land shall:
(a) Make written application to the State Board of Finance; and
(b) At the same time, furnish to the State Board of Finance a full and complete abstract of title to the property offered as security for the loan.
2. If the abstract is approved by the Attorney General and it appears that the person offering such mortgage has an exceptional title free from all encumbrances, the State Board of Finance forthwith shall appoint an appraiser or appraisers to view the land and improvements thereon and make a report to the State Board of Finance of the value thereof. The person desiring to obtain the loan shall pay the cost of the appraiser or appraisers which may be incurred, not to exceed $5 per day and expenses.
[6:212:1917; 1919 RL p. 3147; NCL § 6967] + [8:212:1917; 1919 RL p. 3147; NCL § 6969]
Structure Nevada Revised Statutes
Chapter 355 - Public Investments
NRS 355.005 - Regulations of State Treasurer.
NRS 355.010 - Creation; members.
NRS 355.020 - Salary for appointive members; compensation for members and employees.
NRS 355.030 - Legal adviser; Secretary.
NRS 355.050 - State Treasurer charged with investment of money in Fund.
NRS 355.070 - Determinations to be made before investment; opinion of Attorney General.
NRS 355.080 - Restrictions on investment in county bonds.
NRS 355.090 - Conversion of bonds or securities into cash; reinvestment.
NRS 355.100 - Loans on agricultural lands: Abstract; appraisal.
NRS 355.110 - Loans on agricultural lands: Execution and recording of note and mortgage; provisions.
NRS 355.130 - Loans to local governments.
NRS 355.135 - Lending of securities from state investment portfolio.
NRS 355.140 - Authorized and prohibited investments of state money.
NRS 355.145 - Standard of care for investments made pursuant to NRS 355.140.
NRS 355.150 - Determinations to be made before investment; opinion of Attorney General.
NRS 355.160 - Purpose of NRS 355.140 and 355.150.
NRS 355.168 - Pooling of money of local governments within county for investment.
NRS 355.169 - Legal action by county to recover investment; expenses.
NRS 355.170 - Authorized investments; disposition of interest.
NRS 355.171 - Additional authorized investments; exceptions.
NRS 355.176 - Investment of money held by local government pursuant to deferred compensation plan.
NRS 355.177 - Investment in own securities or interim warrants prohibited.
NRS 355.190 - Loans and advances of credit by Federal Housing Administrator.
NRS 355.200 - Depositary bonds.
NRS 355.210 - Conditions and requirements for investment.
NRS 355.220 - Retirement Benefits Investment Board: Creation; membership; powers and duties.
NRS 355.255 - "Corporation for public benefit" defined.
NRS 355.260 - "Private equity funding" defined.
NRS 355.265 - "Venture capital" defined.
NRS 355.305 - "Boycott of Israel" defined.
NRS 355.310 - "Company" defined.
NRS 355.315 - "Direct holdings" defined.
NRS 355.320 - "Indirect holdings" defined.
NRS 355.325 - "Public fund" defined.
NRS 355.330 - "Scrutinized company" defined.
NRS 355.340 - State Treasurer to prepare report of investments in scrutinized companies.