Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 666.004: “De novo branch” 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

“De novo branch” means a branch of a depository institution which:

1. Is newly established by the depository institution as a branch; and

2. Does not become a branch of the depository institution as a result of:

(a) The acquisition by the depository institution of an insured depository institution or a branch of an insured depository institution; or

(b) The conversion, merger or consolidation of any such institution or branch.

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