1. A bank organized under chapters 657 to 671, inclusive, of NRS may maintain trust offices in this or other states with the written consent of the Commissioner.
2. Any action taken by the Commissioner pursuant to subsection 1 is subject to review in the manner provided in NRS 659.055.
3. The Commissioner may adopt regulations establishing reasonable conditions and requirements for the approval and maintenance of trust offices.
4. As used in this section, "trust office" means an office, other than the principal office, at which a bank organized under chapters 657 to 671, inclusive, of NRS is authorized by the Commissioner to conduct the business of a trust company.
(Added to NRS by 1999, 840)
Structure Nevada Revised Statutes
Chapter 662 - Powers and Miscellaneous Provisions
NRS 662.015 - General powers of banks; power of Commissioner to waive or modify requirements of law.
NRS 662.025 - Power to participate in Federal Deposit Insurance Corporation.
NRS 662.046 - Dealing in investment securities prohibited.
NRS 662.055 - Investments in public securities.
NRS 662.065 - Investments in private securities; limitation.
NRS 662.075 - Investments authorized as security for deposits of public money.
NRS 662.101 - Investments in loans to finance interests in cooperative housing corporations.
NRS 662.105 - Stock options and purchases for directors, officers and employees.
NRS 662.145 - Limits on amount of loans; exceptions.
NRS 662.186 - Operating cash: Minimum cash and demand balances; reserves.
NRS 662.225 - Checks payable in exchange.
NRS 662.231 - "Business of a trust company" and "trust company business" defined.
NRS 662.255 - Voluntary closure on Saturdays, Sundays and holidays; transaction of business.
NRS 662.265 - Emergency closure: Definitions.
NRS 662.275 - Emergency closure: Powers of Commissioner.
NRS 662.285 - Emergency closure: Powers of bank’s officers.
NRS 662.295 - Emergency closure: Notification of Commissioner or Comptroller of the Currency.