If the Commissioner finds that it is in the public interest and necessary to protect the depositors and other customers of a depository institution the Commissioner may:
1. Examine the books and records of the holding company which controls that depository institution and require the holding company to furnish such reports as the Commissioner considers appropriate for the proper supervision of the company’s subsidiaries which are depository institutions; and
2. After notice and opportunity for hearing, require the holding company to take any action the Commissioner finds reasonable and necessary to protect the interest of depositors, other customers and creditors of any subsidiary depository institution, to maintain its solvency or to prevent its failure.
(Added to NRS by 1985, 2148; A 1987, 1921)
Structure Nevada Revised Statutes
Chapter 665 - Examinations and Reports
NRS 665.015 - Commissioner to provide forms for examinations and reports; preservation of reports.
NRS 665.025 - Commissioner to make examinations of banks.
NRS 665.035 - Reports of examination.
NRS 665.045 - Service and availability of copies of report; correction of conditions.
NRS 665.075 - Nature, review and disclosure of contents of report.
NRS 665.095 - Certified copies of records as evidence.
NRS 665.105 - Reports to Commissioner: General requirements.
NRS 665.125 - Powers and duties concerning examinations.
NRS 665.130 - Receipt and certification of reports; disclosure of information prohibited; exception.
NRS 665.135 - Administration of oaths and summoning of witnesses for purposes of examination.
NRS 665.145 - Official communications.
NRS 665.155 - Appraisal of assets of doubtful value.
NRS 665.175 - Removal of officer, director, manager or employee.