Nev. Rev. Stat. § 673.209

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 673.209 - Removal of director, officer or employee on objection of Commissioner

If the Commissioner notifies the board of directors of any savings bank, in writing, that he or she has information that any director, officer or employee of the savings bank is failing in the performance of his or her duties, the board of directors shall meet and consider the matter forthwith. The Commissioner must have notice of the time and place of the meeting. If the board of directors finds the Commissioner's objection to be well founded, the director, officer or employee shall be removed immediately.

NRS 673.209

Added to NRS by 1967, 1020; A 1983, 1780; 1987, 1963; 2017, 1930
Amended by 2017, Ch. 327,§62, eff. 6/3/2017.
Added to NRS by 1967, 1020; A 1983, 1780; 1987, 1963