The board of directors shall meet at least quarterly in regular meeting. At least quarterly, a thorough examination of the books, records, funds and securities held by the bank must be made. The examination may be dispensed with if an annual audit is made of the books, records, funds and securities.
NRS 661.165
Directors: Quarterly meetings and examination of books required; exemption
(Added to NRS by 1971, 978; A 1989, 293; 1997, 985)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.