GroundRules
← Search the law
Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 665.086: Examination of records of holding company controlling depository institution; required action to maintain solvency or prevent failure of subsidiary.

Read at publisher ↗
Where this section sits in the code
  1. TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS
  2. CHAPTER 665 - EXAMINATIONS AND REPORTS
  3. EXAMINATIONS

If the Commissioner finds that it is in the public interest and necessary to protect the depositors and other customers of a depository institution the Commissioner may:

1. Examine the books and records of the holding company which controls that depository institution and require the holding company to furnish such reports as the Commissioner considers appropriate for the proper supervision of the company’s subsidiaries which are depository institutions; and

2. After notice and opportunity for hearing, require the holding company to take any action the Commissioner finds reasonable and necessary to protect the interest of depositors, other customers and creditors of any subsidiary depository institution, to maintain its solvency or to prevent its failure.

Collected 2026-09-03T05:51:45Z. Source file · JSON

Browse this collection