De novo branch defined.
Nev. Rev. Stat. § 666.004
in effectDe novo branch means a branch of a depository institution which:
1. Is newly established by the depository institution as a branch; and
2. Does not become a branch of the depository institution as a result of:
(a) The acquisition by the depository institution of an insured depository institution or a branch of an insured depository institution; or
(b) The conversion, merger or consolidation of any such institution or branch.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-666.htmlFetched: 10/4/2026