Nev. Rev. Stat. § 673.226

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 673.226 - Savings banks possess same powers, privileges and authorities as state banks and national banks; exceptions and limitations; savings banks subject to restrictions, limitations and requirements applicable to state and national banks
1. In addition to all powers, express or implied, that a savings bank has under this chapter, a savings bank has the powers, privileges and authorities that:
(a) A state bank has under chapters 657 to 671, inclusive, of NRS; and
(b) A national bank has,

except as may be expressly denied or limited by the Commissioner after notice and a hearing.

2. Any restriction, limitation or requirement applicable to a specific power, privilege or authority of a state bank or national bank applies to a savings bank exercising such a power, privilege or authority pursuant to this section to the extent that a savings bank exercises such a power, privilege or authority.

NRS 673.226

Added to NRS by 2017, 1915
Added by 2017, Ch. 327,§12, eff. 6/3/2017.