NRS 666.355
Authority of Commissioner to authorize or require acquisition of failing depository institution or failing holding company which controls depository institution.


If the Commissioner considers it necessary to protect depositors, creditors and other customers of a failing depository institution or a failing holding company which controls a depository institution, the Commissioner may solicit offers from and authorize or require the acquisition of the institution or company by or its merger with another institution or company.

Source: Section 666.355 — Authority of Commissioner to authorize or require acquisition of failing depository institution or failing holding company which controls depository institution., https://www.­leg.­state.­nv.­us/NRS/NRS-666.­html#NRS666Sec355.

Last Updated

Feb. 5, 2021

§ 666.355’s source at nv​.us