"Depository institution" defined.

Checkout our iOS App for a better way to browser and research.

"Depository institution" means any state bank or savings bank, association, limited-liability company, corporation or other person organized for the purpose of conducting a banking business, 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 deposit 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 2017, 1914)


Download our app to see the most-to-date content.