NRS 666.003
“Control” defined.

“Control” means the power, directly or indirectly, to:

1.

Direct or exercise a controlling influence over the management or policies of a depository institution or the election of a majority of the directors or trustees of an institution; or

2.

Vote:

(a)

Twenty percent or more of any class of voting securities of a depository institution if exercised by a natural person; or

(b)

More than 10 percent of any class of voting securities of a depository institution if exercised by a person other than a natural person.

Source: Section 666.003 — “Control” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-666.­html#NRS666Sec003.

Last Updated

Jun. 24, 2021

§ 666.003’s source at nv​.us