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KERESEY v. NEVADA NAT. BANK

No. 12705.

646 P.2d 1224 (1982)

Brady Williams KERESEY, Appellant, v. NEVADA NATIONAL BANK, a National Banking Association, Respondent.

Supreme Court of Nevada.

June 25, 1982.

Attorney(s) appearing for the Case

Noel Stephen Topol, Reno, for appellant.

Belford & Semenza, Reno, for respondent.

OPINION

PER CURIAM:

This is an appeal from a district court order granting summary judgment. The issue presented is whether a national banking association situated in Nevada may charge an interest rate in excess of the general usury statute but within the allowable limits of the Nevada Thrift Companies Act. We conclude that it may.

Respondent Nevada National Bank lent appellant Keresey $12,000 at an annual...

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