The failure of a licensee to open and operate a branch office within 6 months after the Commissioner approves the application therefor automatically terminates the right of the licensee to open the branch office.
NRS 677.290
Right to open branch office expires if office not open within 6 months after approval of application
Known as the Nevada Thrift Companies Act
The act spans §§ 677–677 (106 sections).
(Added to NRS by 1975, 1832; A 1979, 996; 1983, 1820; 1987, 2002)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.