{"data":{"id":"us-nv/nrs-645f.780","jurisdiction":"us-nv","citation":"NRS 645F.780","heading":"Corporate governance: Establishment of board of directors or similar body.","body":"1. Except as otherwise provided in subsection 2, a covered institution shall establish and maintain a board of directors.\n2. A covered institution may establish a body similar to a board of directors to perform the duties imposed by NRS 645F.790 if:\n(a) The covered institution is not approved by an agency to service loans; or\n(b) An agency has granted the covered institution approval to establish an alternative to a board of directors.","path":["TITLE 54 — PROFESSIONS, OCCUPATIONS AND BUSINESSES","CHAPTER 645F - MORTGAGE LENDING AND RELATED PROFESSIONS","COVERED INSTITUTIONS","Regulation and Supervision"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-645F.html#NRS645FSec780","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:45Z","sha256":"973087d95254c85363c5b4128abd0a400c7c0c9b91eea4f56ea27f3a1fe9dcb5","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-645f.770","next":"us-nv/nrs-645f.790"},"notice":"GroundRules: Original legal text. Not legal advice."}