Powers and Miscellaneous Provisions

  1. Law
  2. Nevada Revised Statutes
  3. Powers and Miscellaneous Provisions

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Section
662.015

General powers of banks; power of Commissioner to waive or modify requirements of law.

Section
662.025

Power to participate in Federal Deposit Insurance Corporation.

Section
662.035

Power to maintain separate departments; deposit of money held in fiduciary capacity; regulations.

Section
662.046

Dealing in investment securities prohibited.

Section
662.055

Investments in public securities.

Section
662.065

Investments in private securities; limitation.

Section
662.075

Investments authorized as security for deposits of public money.

Section
662.085

Reserve not required against deposits secured by obligations of or guaranteed by United States; obligations as valid security.

Section
662.095

Investment in obligations approved by Federal Housing Administrator, Department of Veterans Affairs, national mortgage association or Federal Home Loan Bank; conditions for making loans; obligations as collateral, deposits or investment of equity; exemption from certain laws.

Section
662.097

Investments in securities of management investment trust or management investment company.

Section
662.101

Investments in loans to finance interests in cooperative housing corporations.

Section
662.103

Investment in real property for development: Limitations; filing of disclosure with Commissioner; failure to make disclosure unlawful.

Section
662.105

Stock options and purchases for directors, officers and employees.

Section
662.115

Issuance of capital notes, debentures and collateralized debt securities and certificates.

Section
662.125

Limitations on lending on security of or acquisition of own stock or members’ interests; sale and ownership of collateral security.

Section
662.135

Limitations on investment in stock of or membership in other banks and business organizations.

Section
662.145

Limits on amount of loans; exceptions.

Section
662.155

Limit on combination of investments and loans involving single obligor, person or entity.

Section
662.175

Limitations on borrowing money and pledging assets; exceptions; purchase of federal reserve money deemed transfer.

Section
662.186

Operating cash: Minimum cash and demand balances; reserves.

Section
662.205

Membership in Federal Reserve Bank: Authorization; powers, duties and examination of member.

Section
662.215

Authorization; deposits; requirements of receipt or passbook; quarterly or annual statements required; issuance of time certificates.

Section
662.225

Checks payable in exchange.

Section
662.231

"Business of a trust company" and "trust company business" defined.

Section
662.235

Powers and duties when carrying on trust company business; segregation of assets and recordkeeping.

Section
662.239

Conditions and limitations on maintaining trust offices in Nevada and other states; regulations.

Section
662.245

Conditions and limitations on certain foreign organizations acting as fiduciary; fees; bond; requirements for service of process; regulations.

Section
662.255

Voluntary closure on Saturdays, Sundays and holidays; transaction of business.

Section
662.265

Emergency closure: Definitions.

Section
662.275

Emergency closure: Powers of Commissioner.

Section
662.285

Emergency closure: Powers of bank’s officers.

Section
662.295

Emergency closure: Notification of Commissioner or Comptroller of the Currency.

Section
662.305

Emergency closure: Effect of closing.