{"data":{"id":"us-nv/nrs-673.227","jurisdiction":"us-nv","citation":"NRS 673.227","heading":"Land and office buildings of savings bank; limitation on costs.","body":"1. A savings bank may purchase or lease property for its office buildings or construct its office buildings on property purchased or leased by it, if the total cost of land and improvements does not exceed 70 percent of the sum of the capital, surplus and reserves of the savings bank.\n2. With the approval of the Commissioner, senior capital notes of the Federal Deposit Insurance Corporation may be included in capital for the purposes of this section.","path":["TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS","CHAPTER 673 - SAVINGS BANKS","POWERS AND PRIVILEGES OF STATE SAVINGS BANKS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-673.html#NRS673Sec227","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:45Z","sha256":"afef8810ea1d14eaa900d0b735e695797fa6f66e10954158fb79fcc4b6ad93f6","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-673.2265","next":"us-nv/nrs-673.228"},"notice":"GroundRules: Original legal text. Not legal advice."}
