Nev. Rev. Stat. § 350.564

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 350.564 - "Trust bank" defined

"Trust bank" means:

1. A commercial bank as defined in NRS 350.512 that is authorized to exercise and is exercising trust powers.

2. A branch of the Federal Reserve Bank.

3. A credit union whose deposits are insured by the National Credit Union Share Insurance Fund or by a private insurer approved pursuant to NRS 672.755 that is authorized to exercise and is exercising trust powers.

NRS 350.564

Added to NRS by 1967, 426; A 1999, 1473

Added to NRS by 1967, 426; A 1999, 1473