Nevada · Through 2025 session (NRS as revised 2026-08-25)

NRS 666.003: “Control” defined.

Where this section sits in the code

TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS
CHAPTER 666 - MAJOR ORGANIZATIONAL CHANGES; BANK HOLDING COMPANIES; INTERSTATE BANKING
GENERAL PROVISIONS

“Control” means the power, directly or indirectly, to:

1. Direct or exercise a controlling influence over the management or policies of a depository institution or the election of a majority of the directors or trustees of an institution; or

2. Vote:

(a) Twenty percent or more of any class of voting securities of a depository institution if exercised by a natural person; or

(b) More than 10 percent of any class of voting securities of a depository institution if exercised by a person other than a natural person.

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

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