Nev. Rev. Stat. § 673.222

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

Section 673.222 - Authority of savings bank to indemnify and defend officers, directors, employees, agents and other parties

Nothing in this chapter limits the authority of a savings bank to indemnify and defend, or to provide reimbursement for expenses of defending an action to, officers, directors, employees, agents or other parties as such authority may be provided under the laws of this State, if such indemnification does not violate the limitations on indemnification imposed by section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. § 1828(k), and the regulations issued thereunder by the Federal Deposit Insurance Corporation.

NRS 673.222

Added to NRS by 1961, 783; A 1977, 492; 2017, 1932

Amended by 2017, Ch. 327,§72, eff. 6/3/2017.

Added to NRS by 1961, 783; A 1977, 492