"Depository institution" defined.

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"Depository institution" means any bank, savings and loan association, savings bank, thrift company, credit union or other institution, whether chartered by this State, another state or the Federal Government, which:

1. Holds or receives deposits, savings or share accounts;

2. Issues certificates of deposit; or

3. Provides to its customers other depository accounts which are subject to withdrawal by checks, drafts or other instruments or by electronic means to effect payment to a third party.

(Added to NRS by 1985, 2147; A 1989, 2032; 1995, 1549)


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