NRS 662.046
Dealing in investment securities prohibited.

1.

As used in this section “dealing in investment securities” does not include the purchasing and selling of securities without recourse solely upon order and for the account of customers.

2.

Banks shall not engage in the business of dealing in any investment securities, either directly or through subsidiary corporations, except as otherwise provided in chapters 657 to 671, inclusive, of NRS for investment in public securities or private securities.

3.

Any provision contained in the articles of incorporation issued to any banking corporation before July 1, 1971, which is in conflict with this section is revoked.

Source: Section 662.046 — Dealing in investment securities prohibited., https://www.leg.state.nv.us/NRS/NRS-662.html#NRS662Sec046 (accessed May 26, 2025).

662.046
Dealing in investment securities prohibited. 662.055
Investments in public securities. 662.065
Investments in private securities 662.075
Investments authorized as security for deposits of public money. 662.085
Reserve not required against deposits secured by obligations of or guaranteed by United States 662.095
Investment in obligations approved by Federal Housing Administrator, Department of Veterans Affairs, national mortgage association or Federal Home Loan Bank 662.097
Investments in securities of management investment trust or management investment company. 662.101
Investments in loans to finance interests in cooperative housing corporations. 662.103
Investment in real property for development: Limitations 662.105
Stock options and purchases for directors, officers and employees. 662.115
Issuance of capital notes, debentures and collateralized debt securities and certificates. 662.125
Limitations on lending on security of or acquisition of own stock or members’ interests 662.135
Limitations on investment in stock of or membership in other banks and business organizations. 662.145
Limits on amount of loans 662.155
Limit on combination of investments and loans involving single obligor, person or entity. 662.175
Limitations on borrowing money and pledging assets 662.186
Operating cash: Minimum cash and demand balances 662.205
Membership in Federal Reserve Bank: Authorization

May 26, 2025

§ 662.046. Dealing in investment securities prohibited.'s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_662.046

Original Source: Section 662.046 — Dealing in investment securities prohibited., https://www.leg.state.nv.us/NRS/NRS-662.html#NRS662Sec046 (last accessed May 10, 2025).