When any bank organized under the laws of this state or Acts of Congress, and doing business in this state, consolidates or merges with or sells to and transfers its assets and liabilities to any other bank doing business in this state, as provided by the laws of this state or Acts of Congress, all the then existing fiduciary rights, powers, duties and liabilities of such consolidating, merging or transferring bank or banks shall, upon the effective date of such consolidation, merger or sale and transfer, vest in and thereafter be performed by the transferee bank or the consolidated or merged bank.
(Added to NRS by 1971, 1000)
Structure Nevada Revised Statutes
Chapter 666 - Major Organizational Changes; Bank Holding Companies; Interstate Banking
NRS 666.002 - "Acquire" defined.
NRS 666.003 - "Control" defined.
NRS 666.004 - "De novo branch" defined.
NRS 666.005 - "Holding company" defined.
NRS 666.006 - "Home state" defined.
NRS 666.007 - "Host state" defined.
NRS 666.008 - "Out-of-state" defined.
NRS 666.025 - Effect of consolidation of banks.
NRS 666.085 - Regulations; reports to determine compliance.
NRS 666.095 - Annual registration reports required of bank holding companies.
NRS 666.105 - Examinations of bank holding companies by Commissioner.
NRS 666.125 - Approval required before acquisition of bank; application; considerations.
NRS 666.135 - Approval of transfer of control required; grounds for disapproval.
NRS 666.155 - Failure to remove person pursuant to order conclusive evidence of negligence.
NRS 666.165 - Charges against company: Grounds; notice; hearing.
NRS 666.175 - Issuance of order to cease and desist; corrective action; effectiveness of order.
NRS 666.185 - Temporary orders: Grounds; issuance; effectiveness.
NRS 666.205 - Injunctions; civil penalty; divestiture by holding company in another state.
NRS 666.325 - Examination, supervision and regulation of interstate operations.
NRS 666.415 - Waiver of federal limits on concentration of deposits.
NRS 666.420 - Reports by out-of-state depository institution or holding company.