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

NRS 666.355: Authority of Commissioner to authorize or require acquisition of failing depository institution or failing holding company which controls depository institution.

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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. INTERSTATE BANKING

If the Commissioner considers it necessary to protect depositors, creditors and other customers of a failing depository institution or a failing holding company which controls a depository institution, the Commissioner may solicit offers from and authorize or require the acquisition of the institution or company by or its merger with another institution or company.

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

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