1. No person, except a bank maintaining an office in this State and doing business under the laws of the United States, may solicit or accept deposits in this State or otherwise engage in the banking business in this State without first obtaining from the Commissioner, as provided in this section, a license authorizing it, as a banking corporation or company, to use the name and transact the business of a bank. The transacting of any banking business without such authority is a gross misdemeanor.
2. For the purposes of this section "solicits deposits" has the meaning ascribed to it in NRS 80.016.
(Added to NRS by 1971, 972; A 1983, 1728; 1987, 1904; 1989, 626; 1991, 372, 1317; 1995, 477)
Structure Nevada Revised Statutes
Chapter 659 - Organization and Licensing of Banks
NRS 659.025 - Articles of incorporation or organization: Contents.
NRS 659.047 - Payment of assessment; cooperation with audits and examinations.
NRS 659.055 - Appeal from refusal to make certification.
NRS 659.105 - Restriction on transaction of business.
NRS 659.115 - Unlawful transaction of banking business without license; penalty.
NRS 659.125 - Unlawful use of words "bank," "banking" or "banker" in name; exceptions; penalty.