"Commercial bank" defined.

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"Commercial bank" means:

1. A state or national bank or trust company that is a member of the Federal Deposit Insurance Corporation, including, without limitation, a branch of the Federal Reserve Bank.

2. A credit union whose deposits are insured by the National Credit Union Share Insurance Fund or by a private insurer approved pursuant to NRS 672.755.

(Added to NRS by 1967, 771; A 1999, 1469)


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