Nevada Chapter 661 — Organizational Requirements
17 sections hosted, reproduced from the official public-domain source.
- NRS 661.015— Organization: Minimum initial stockholders’ or members’ equity required; insurance of deposit accounts by Federal Deposit Insurance Corporation
- NRS 661.025— Requirements for stockholders’ or members’ equity determined by Commissioner; deposit liability; acceptance of deposits
- NRS 661.035— Amendment of articles of incorporation to increase or reduce authorized stock; approval by Commissioner
- NRS 661.065— Liability of persons holding stock in or becoming substituted members of bank in fiduciary capacity
- NRS 661.075— Failure to pay installment on stock or contribution: Sale of stock or member’s interest; forfeiture of amount previously paid
- 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
- NRS 661.105— Preferred stock: Conditions for issuance; inclusion in determination of compliance with requirements for stockholders’ equity
- NRS 661.115— Maintenance and filing of list of stockholders or members; additional requirements for list of members
- 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
- NRS 661.135— Directors or managers: Number; selection
- NRS 661.145— Directors or managers: Qualifications
- NRS 661.165— Directors: Quarterly meetings and examination of books required; exemption
- NRS 661.185— Bonds of officers, managers and employees
- NRS 661.195— Liability of directors, managers, officers and other persons
- NRS 661.205— Overdrafts
- NRS 661.235— Limitation on declaring dividend or making distribution; exception
- NRS 661.240— Additional limitation on making distribution; definition