Nev. Rev. Stat. § 666.004

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 666.004 - "De novo branch" defined

"De 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.

NRS 666.004

Added to NRS by 1995, 1553