SAVINGS BANKS
Nev. Rev. Stat. 673
in effectContents
section673.001. Definitions.section673.008. Foreign defined.section673.016. Insured depository institution defined.section673.017. Investment certificate defined.section673.034. Withdrawal value defined.section673.035. Administration of chapter.section673.039. Records of Commissioner.section673.040. Commissioner to supervise and make policy.section673.043. Regulations; authority of Commissioner to waive, modify or alter any requirement of chapter.section673.044. Notices.section673.045. Amendment or alteration of license by Commissioner; appeal.section673.046. Application for license: Additional requirements; fingerprints; grounds for refusal to issue license.section673.048. Suspension or revocation of license: Additional grounds.section673.049. Authority of Commissioner to issue subpoenas and require attendance of parties.section673.0054. Commissioner defined.section673.055. Savings associations automatically converted into savings banks; issuance by Commissioner of savings bank charters to converted entities; rights, powers, privileges, immunities and exceptions provided to converted entities.section673.0056. Cooperative housing corporation defined.section673.0057. Deposit defined.section673.060. Deposit of money in State Treasury; payment of expenses; exceptions.section673.0065. Director defined.section673.065. Applicability of provisions concerning Regulatory Experimentation Program for Product Innovation.section673.070. Incorporation of domestic savings banks: Procedure; applicability of chapter 78 of NRS; limitations on advertising for savings banks.section673.0075. Division of Financial Institutions defined.section673.0077. Federal savings bank defined.section673.080. Articles to be approved by Commissioner; application; permission to organize; fees; conditions; regulations; withdrawal of application.section673.090. Provisions of chapter abridge, enlarge and modify powers and privileges of foreign and domestic savings banks.section673.111. Required filings before savings bank begins business: Statement concerning directors, managers and officers; proof of approval of Federal Deposit Insurance Corporation to insure its deposit accounts.section673.112. Branch offices: Definition; establishment and regulation; revocation of approval by Commissioner; advertisement; fees; regulations.section673.113. Surety bond of savings bank.section673.114. Service offices: Authority to establish and maintain; notification to Commissioner required; service office does not constitute branch office.section673.115. Restrictions on advertising.section673.117. Use or change of business name; prohibitions.section673.0155. Insolvency or insolvent defined.section673.0175. Main office defined.section673.0185. Merger defined.section673.207. Directors: Number; filling of vacancies; amendment of bylaws.section673.208. Persons requiring Commissioners approval to serve as director.section673.209. Removal of director, officer or employee on objection of Commissioner.section673.211. Removal of director for cause.section673.212. Standard of conduct in discharge of duties of directors and officers.section673.214. Election of officers.section673.215. Directors: Meetings; quorum.section673.216. Official communication from Commissioner: Presentation at next board meeting and made part of minutes.section673.218. Pensions and retirement plans for officers and employees.section673.219. Directors: Approval of depositary for money of savings bank.section673.221. Unlawful acts; penalty.section673.222. Authority of savings bank to indemnify and defend officers, directors, employees, agents and other parties.section673.225. Certain savings banks possess same powers and privileges as federal savings banks and foreign savings banks; federal law prevails in event of conflict with state law.section673.226. Savings banks possess same powers, privileges and authorities as state banks and national banks; exceptions and limitations; savings banks subject to restrictions, limitations and requirements applicable to state and national banks.section673.227. Land and office buildings of savings bank; limitation on costs.section673.228. Powers, privileges and authorities of savings bank to engage in trust company business; requirements and conditions.section673.229. Savings bank or trust company that assumes role of custodian for individual retirement account to provide notice to holder of account.section673.250. Licenses for issuance or sale of stock; contents and conditions of licenses.section673.260. Annual license: Fees; renewal; penalty; regulations.section673.276. Permissible investments.section673.278. Power to make loans includes power to purchase loans and make loans upon security of other loans.section673.279. Purchases of real property contracts; conditions.section673.280. Certain federal obligations are legal investments.section673.300. Savings bank may become member and stockholder of Federal Home Loan Bank, borrow money and invest in bonds.section673.301. Savings bank may issue capital notes; voting rights of holders.section673.302. Limitation on borrowing.section673.310. Loans and advances of credit insured by Federal Housing Administration or Department of Veterans Affairs.section673.0313. Savings association defined.section673.315. Investment in Federal National Mortgage Association, Federal Home Loan Mortgage Corporation and SLM Corporation.section673.316. Additional advances or loans to borrower; renewal or extension of loans; loans on property sold by savings bank.section673.0317. Savings bank defined.section673.318. Appraisal or evaluation of real estate at time of acquisition.section673.0321. Service office defined.section673.0323. State bank or commercial bank defined.section673.324. Permissible loans.section673.332. Property acquired at or by foreclosure or developed by savings bank.section673.340. Minors and married persons; payment as valid discharge of savings bank.section673.360. Administrators, executors, guardians and trustees; payment as valid discharge of savings bank.section673.373. Notice of overdue rental; opening of box; retention of contents in general vaults; delivery of contents to State Treasurer.section673.430. Annual reports: Filing; form and contents; fees; penalty; regulations.section673.0435. Commissioner may secure injunctions and restraining orders.section673.440. Commissioner may require further information.section673.450. Hearings, investigations and examinations by Commissioner; confidentiality of examination reports and certain other information; powers of Commissioner; biennial examination required.section673.451. Authorization of Commissioner to investigate business; free access required; compelling attendance of witnesses.section673.453. Enforcement of subpoena by district court.section673.455. Examination of holding companies.section673.460. Examinations outside State; fees and traveling expenses; regulations.section673.470. Other examinations acceptable in lieu of examination by Commissioner.section673.480. Authority of Commissioner to make information available to other officers and agencies; documents, reports and information remain property of Division of Financial Institutions or Commissioner; disclosures by savings bank.section673.483. Audit of books and accounts.section673.484. Suspension or revocation of charter: Grounds; notice and hearing.section673.00575. Deposit account defined.section673.00577. Depository institution defined.section673.595. Certain foreign savings banks not required to be licensed under chapter; certain foreign savings banks permitted to operate and establish service offices in this State; limitations.section673.597. Conflict of laws; report to Commissioner of forbidden course or act.section673.600. Conversion authorized.section673.610. Notice of stockholders meeting: Service and proof of service.section673.620. Majority approval of resolution at stockholders meeting required; filing of minutes with Commissioner.section673.630. Filing of charter or certificate with Commissioner; fee; taxation; regulations.section673.640. When supervision as state savings bank ceases; when property and assets vest in converted entity; enjoyment of property by converted entity.section673.650. Conversion authorized; votes necessary.section673.660. Time for election of directors after conversion; time directors to hold office.section673.670. Filing of verified minutes of stockholders meeting.section673.680. Verified copy of minutes as presumptive evidence of holding meeting and action taken.section673.690. Converting institution and directors to take necessary action to incorporate as state savings bank; no minimum amount of capital required.section673.700. Inclusion of statement of conversion in articles permissible.section673.710. Time for filing articles of incorporation with Federal Home Loan Bank or Federal Reserve Bank; number of copies; certification by Secretary of State.section673.720. Time of cessation as federal savings bank or state or national bank; time of vesting of property in savings bank under new name and style.section673.730. Enjoyment of property by converted savings bank; savings bank as continuation of previous institution.section673.740. Acts permitted executors, administrators, fiduciaries and certain other entities without obtaining court approval.section673.750. Powers and privileges same as domestic savings bank; conditions.section673.773. Definitions.section673.777. Designated reporter defined.section673.783. Exploitation defined.section673.787. Older person defined.section673.793. Reasonable cause to believe defined.section673.797. Vulnerable person defined.section673.803. Training; reporting to designated reporter.section673.807. Designated reporter: Designation; duty to report; immunity.section673.810. Making false statement concerning financial condition of savings bank.section673.820. Violation of chapter or fraudulent misrepresentation of contract or securities by savings bank; administrative fines.section673.830. Violation of chapter or sale of securities through fraudulent misrepresentation.section673.840. Sale or offer to sell securities without license or for failure to pay fee or penalty.section673.850. Effect of revocation of license.section673.2176. Notification of change in ownership of stock; application required after certain acquisitions; investigation; costs; waiver.section673.2211. Liability of directors, officers or other persons.section673.2265. Membership in Federal Reserve System: Authorization; powers, duties and examination of member.section673.2755. Investment certificates: Rights and liabilities of holders; types of certificates; limitation on approval.section673.2758. Requirements.section673.2765. Investments in certain related service companies, operating subsidiaries or financial subsidiaries.section673.2766. Investments in real property for subdivision or residential development.section673.3244. Loans to directors, officers, shareholders or company owned or controlled by savings bank.section673.3255. Loans to finance interest in cooperative housing corporation; first security interests.section673.3271. Loans to one borrower.section673.3272. Payment of charges by savings bank for protection of its investments; required advance monthly payments.section673.03531. Certain relationships between employees of Division of Financial Institutions and savings bank prohibited; termination of prohibited relationship.section673.4835. Independent audit and examination: Payment of assessment; cooperation.section673.4843. Authority of Commissioner to order discontinuance of unlawful or unsafe practices; special meetings of directors concerning noncompliance.section673.4845. Procedure; approval by savings bank and Commissioner; fee; regulations.section673.5911. Procedure; applicable law; power to sell and transfer assets.section673.5912. Federal Deposit Insurance Corporation authorized to act as receiver or liquidator of closed savings bank having insured deposits; no bond required.section673.5913. Acceptance of appointment as receiver or liquidator; possession of and title to assets, business and property rests in Federal Deposit Insurance Corporation.section673.5914. Enforcement of individual liability of stockholders or members and directors or managers of savings bank in receivership or liquidation.section673.5915. Payment of insured deposits; subrogation.section673.5916. Loans to closed savings banks by Federal Deposit Insurance Corporation; sale of assets of savings banks to Federal Deposit Insurance Corporation.section673.5917. Commissioner to furnish copies of examinations and reports to Federal Deposit Insurance Corporation.section673.5918. Deposit of books, papers and records with Commissioner upon final liquidation.section673.5919. Destruction of records of liquidated insolvent savings banks.section673.5921. Termination of trusteeship under security instruments upon insolvency; appointment of successor trustee by petition to district court or pursuant to security instrument.section673.5922. Petition for appointment of successor trustee by district court: Order to appear and show cause why successor trustee should not be appointed; publication and contents of notice.section673.5923. Appointment of successor trustee when no objection made.section673.5924. Hearing on objections to appointment of successor trustee; appeal from order.section673.5925. Recordation of order appointing successor trustee.section673.5926. Petition and order may relate to all instruments in which former trustee was named.section673.5927. Provisions are in addition to any other remedy provided by law.section673.5928. Validation of sales by liquidator under security instruments giving power of sale.section673.5929. Conditions under which savings banks may reopen.section673.5931. Conditions under which savings bank may reorganize before actual dissolution.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-673.htmlFetched: 10/4/2026