{"data":{"id":"us-nv/nrs-677.570","jurisdiction":"us-nv","citation":"NRS 677.570","heading":"Authority of Commissioner to liquidate or conserve company.","body":"When the Commissioner takes possession of the property and business of any company for the purpose of liquidation or conservation, he or she may liquidate or conserve the company. In such a liquidation or conservation the Commissioner has the same authority with reference to licensees as are vested in the Commissioner by chapters 657 to 671, inclusive, of NRS with reference to banks and in addition may deposit money coming into his or her hands in the course of liquidation in one or more state or national banks or credit unions.","path":["TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS","CHAPTER 677 - THRIFT COMPANIES","GENERAL REGULATIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-677.html#NRS677Sec570","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"6be851825c426a8fff81ef8bdc9415276bdfe01f83abd6ca4c0c3f1da0d990fa","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-677.560","next":"us-nv/nrs-677.580"},"notice":"GroundRules: Original legal text. Not legal advice."}