Nev. Rev. Stat. § 662.046

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 662.046 - Dealing in investment securities prohibited
1. As used in this section "dealing in investment securities" does not include the purchasing and selling of securities without recourse solely upon order and for the account of customers.
2. Banks shall not engage in the business of dealing in any investment securities, either directly or through subsidiary corporations, except as otherwise provided in chapters 657 to 671, inclusive, of NRS for investment in public securities or private securities.
3. Any provision contained in the articles of incorporation issued to any banking corporation before July 1, 1971, which is in conflict with this section is revoked.

NRS 662.046

Added to NRS by 1971, 981; A 1995, 485
Added to NRS by 1971, 981; A 1995, 485