Nevada Revised Statutes
Chapter 666A - Foreign Banks
NRS 666A.310 - Closure of office.


1. No foreign bank which is licensed to establish and maintain a state branch, agency or representative office may close that office without obtaining the prior written approval of the Commissioner. An application by a foreign bank under this section must be in such form and include such information as the Commissioner requires.
2. If the Commissioner finds that the closing of the office will not be substantially detrimental to the public convenience and advantage, the Commissioner shall approve the application.
3. If an application by a foreign bank under this section is approved and all conditions precedent to the closing have been fulfilled, the foreign bank may close the office and shall promptly thereafter surrender to the Commissioner the license which authorized it to maintain the office.
(Added to NRS by 1995, 1546)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 666A - Foreign Banks

NRS 666A.010 - Definitions.

NRS 666A.020 - "Agency" defined.

NRS 666A.030 - "Branch" defined.

NRS 666A.040 - "Federal" defined.

NRS 666A.050 - "Foreign" defined.

NRS 666A.060 - "Representative office" defined.

NRS 666A.070 - "State" defined.

NRS 666A.080 - State branch or agency: License required; exemptions from licensing.

NRS 666A.090 - State branch or agency: Application and fee for license; limitation on licensing; withdrawal of application.

NRS 666A.100 - State branch or agency: Amendment of license.

NRS 666A.110 - State representative office: License required; exemption from licensing.

NRS 666A.120 - State representative office: Application and fees for license; appointment of Commissioner as agent for service of process; regulations; withdrawal of application.

NRS 666A.130 - State representative office: Prerequisites to issuance of license; issuance and contents of license.

NRS 666A.140 - Posting of license; transfer or assignment of license prohibited.

NRS 666A.150 - State branch or agency: Powers, duties, limitations and restrictions.

NRS 666A.160 - State branch or agency: Engaging in fiduciary activities; regulations.

NRS 666A.170 - State branch or agency: Acting as agent.

NRS 666A.180 - State branch or agency: Maintenance of registered office and registered agent.

NRS 666A.190 - State branch or agency: Change of registered office or registered agent.

NRS 666A.200 - State branch or agency: Amendment of articles of incorporation.

NRS 666A.210 - State branch or agency: Segregation of assets; priority of creditors.

NRS 666A.220 - State branch or agency: Notification regarding insurance of deposits and credit balances.

NRS 666A.230 - State branch or agency: Limitations on payment of interest on deposits.

NRS 666A.240 - State branch or agency: Deposit of assets.

NRS 666A.250 - State branch or agency: Maintenance of assets.

NRS 666A.260 - State branch: Maintenance of reserve against deposits.

NRS 666A.270 - State representative office: Authorized activities; approval of additional activities.

NRS 666A.280 - Maintenance of books, accounts and other records.

NRS 666A.290 - Notification of merger or acquisition of control.

NRS 666A.300 - Relocation of office.

NRS 666A.310 - Closure of office.

NRS 666A.320 - Authority of Commissioner.

NRS 666A.330 - Examinations by Commissioner; fee for examinations.

NRS 666A.340 - Filing of reports with Commissioner.

NRS 666A.350 - State branch or agency: Authority and grounds for suspension or revocation of license.

NRS 666A.360 - State branch or agency: Immediate suspension or revocation of license.

NRS 666A.370 - State branch or agency: Seizure and liquidation of property and business.

NRS 666A.380 - State representative office: Revocation of license.

NRS 666A.390 - Service of processes, notices and demands.

NRS 666A.400 - Establishment of interstate branches in this State.