Guaranteed funding defined.
Nev. Rev. Stat. § 349.730
in effectGuaranteed 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.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-349.htmlFetched: 10/4/2026