Nev. Rev. Stat. § 666.005

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

Section 666.005 - "Holding company" defined

"Holding company" means a company:

1. Which directly or indirectly owns or controls 25 percent or more of the voting stock of a depository institution;

2. Which controls the election of a majority of the directors of a depository institution; or

3. For the benefit of whose stockholders 25 percent or more of the voting stock of a depository institution is held by one or more trustees.

NRS 666.005

Added to NRS by 1995, 1553