{"data":{"id":"us-nv/nrs-666a.080","jurisdiction":"us-nv","citation":"NRS 666A.080","heading":"State branch or agency: License required; exemptions from licensing.","body":"1. Except as otherwise provided in subsection 2, a foreign bank shall not transact business in this state except at a state branch or agency for which it has been issued a license pursuant to this chapter.\n2. A foreign bank:\n(a) Which maintains a federal branch or agency in this state may transact business authorized under federal law or regulation in that branch or agency.\n(b) Which does not maintain a state branch or agency may make loans in this state secured by real property in this state.\n(c) Organized under the law of a territory of the United States, Puerto Rico, Guam, American Samoa or the Virgin Islands may operate an interstate branch in this state as if it were a state bank.\n3. Transaction of business by a subsidiary of a foreign bank does not constitute transaction of business by the parent bank.","path":["TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS","CHAPTER 666A - FOREIGN BANKS","LICENSING"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-666A.html#NRS666ASec080","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:45Z","sha256":"636e0d15a7dd296e54e29d4a0235c3d76a31bcf91038344147fcebcba126baa3","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-666a.070","next":"us-nv/nrs-666a.090"},"notice":"GroundRules: Original legal text. Not legal advice."}
