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

NRS 666.185: Temporary orders: Grounds; issuance; effectiveness.

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Where this section sits in the code
  1. TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS
  2. CHAPTER 666 - MAJOR ORGANIZATIONAL CHANGES; BANK HOLDING COMPANIES; INTERSTATE BANKING
  3. BANK HOLDING COMPANIES

1. If the Commissioner determines that the existing or threatened activity specified in a notice of charges is likely to:

(a) Cause insolvency or substantial dissipation of the assets or earnings of a bank which is owned or controlled by the bank holding company; or

(b) Seriously prejudice the interests of the depositors in the bank,

Ê the Commissioner may issue a temporary order requiring the bank holding company to cease and desist from the activity.

2. The temporary order becomes effective when served upon the bank holding company and remains effective until it is set aside by the Commissioner or a reviewing court or a permanent order is issued against the bank.

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

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