Section 319.750 - Yield on loans1. Mortgage loans sold to the Division must bear interest at rates and be sold to the Division at prices which in the aggregate produce a yield to the Division sufficient to:(a) Pay interest on the principal of the related issue of the Division's bonds or other obligations;(b) Provide adequate reserves for the holders of the Division's bonds or other obligations whenever necessary;(c) Cover the operating costs of the Division; and(d) Meet or exceed the minimum yield required by the general certificate or trust indenture governing the series of bonds.2. The yield on the mortgage loans must not exceed the maximum permitted by application of 26 U.S.C. §§ 141 to 149, inclusive, and applicable regulations of the United States Treasury Department.Nev. Admin. Code § 319.750
Housing Division, Loans for Multifamily Homes Reg. § 11, eff. 7-23-80-NAC A 4-13-88