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

Nev. Rev. Stat. § 666.355
in effect
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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: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-666.htmlFetched: 10/4/2026

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