Nevada Revised Statutes
Chapter 661 - Organizational Requirements

NRS 661.015 - Organization: Minimum initial stockholders’ or members’ equity required; insurance of deposit accounts by Federal Deposit Insurance Corporation. - No bank may be: 1. Organized unless its initial stockholders’...

NRS 661.025 - Requirements for stockholders’ or members’ equity determined by Commissioner; deposit liability; acceptance of deposits. - 1. The stockholders’ or members’ equity of any state bank...

NRS 661.035 - Amendment of articles of incorporation to increase or reduce authorized stock; approval by Commissioner. - 1. A banking corporation may, with the approval of the...

NRS 661.065 - Liability of persons holding stock in or becoming substituted members of bank in fiduciary capacity. - Persons holding stock in banking corporations or becoming substituted members...

NRS 661.075 - Failure to pay installment on stock or contribution: Sale of stock or member’s interest; forfeiture of amount previously paid. - 1. If a stockholder of a banking corporation or member...

NRS 661.085 - Impaired stockholders’ or members’ equity: Duty of Commissioner to give notice; duty of officers and directors to require bank to make impairment good; power of Commissioner to take possession of bank. - 1. If the stockholders’ or members’ equity of any bank...

NRS 661.105 - Preferred stock: Conditions for issuance; inclusion in determination of compliance with requirements for stockholders’ equity. - 1. A banking corporation organized under the laws of this...

NRS 661.115 - Maintenance and filing of list of stockholders or members; additional requirements for list of members. - 1. On the fourth Monday in January of each year,...

NRS 661.125 - Report of changes in ownership or management; report of certain loans made by bank; application required after certain acquisitions; investigation by Commissioner; payment of costs; waiver of investigation. - 1. As used in this section, "control" means the possession,...

NRS 661.135 - Directors or managers: Number; selection. - 1. The affairs and business of a banking corporation organized...

NRS 661.145 - Directors or managers: Qualifications. - 1. No person is eligible to serve as a director...

NRS 661.165 - Directors: Quarterly meetings and examination of books required; exemption. - The board of directors shall meet at least quarterly in...

NRS 661.185 - Bonds of officers, managers and employees. - 1. The active officers, or the managers, and employees of...

NRS 661.195 - Liability of directors, managers, officers and other persons. - Any director, manager, officer or other person who knowingly and...

NRS 661.205 - Overdrafts. - Any overdraft which is outstanding for more than 90 days...

NRS 661.235 - Limitation on declaring dividend or making distribution; exception. - 1. As used in this section, "net profits" means the...

NRS 661.240 - Additional limitation on making distribution; definition. - 1. No distribution may be made by a bank if...