NRS 673.301
Savings bank may issue capital notes

voting rights of holders.

The power of a savings bank to borrow money and contract debts shall include the power to issue capital notes evidencing such borrowings and to subordinate the same to investment certificates and other liabilities. A savings bank may confer upon the holders of any capital notes, issued or to be issued by the savings bank, such rights to vote in the election of directors and on any other matters as shall be stated and expressed in the articles of incorporation, or in any amendment thereto.

Source: Section 673.301 — Savings bank may issue capital notes; voting rights of holders., https://www.leg.state.nv.us/NRS/NRS-673.html#NRS673Sec301.

673.276
Permissible investments. 673.278
Power to make loans includes power to purchase loans and make loans upon security of other loans. 673.279
Purchases of real property contracts 673.280
Certain federal obligations are legal investments. 673.281
Restrictions on transfer or encumbrance of note and other obligations held by association. 673.300
Savings bank may become member and stockholder of Federal Home Loan Bank, borrow money and invest in bonds. 673.301
Savings bank may issue capital notes 673.302
Limitation on borrowing. 673.310
Loans and advances of credit insured by Federal Housing Administration or Department of Veterans Affairs. 673.315
Investment in Federal National Mortgage Association, Federal Home Loan Mortgage Corporation and SLM Corporation. 673.316
Additional advances or loans to borrower 673.2765
Investments in certain related service companies, operating subsidiaries or financial subsidiaries. 673.2766
Investments in real property for subdivision or residential development.

Last Updated

Feb. 5, 2021

§ 673.301’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_673.301

Original Source: Section 673.301 — Savings bank may issue capital notes; voting rights of holders., https://www.leg.state.nv.us/NRS/NRS-673.html#NRS673Sec301 (last accessed Feb. 5, 2021).