Savings banks possess same powers, privileges and authorities as state banks and national banks; exceptions and limitations; savings banks subject to restrictions, limitations and requirements applicable to state and national banks.

1. Law
2. Nevada Revised Statutes
3. Savings Banks
4. Savings banks possess same powers, privileges and authorities as state banks and national banks; exceptions and limitations; savings banks subject to restrictions, limitations and requirements applicable to state and national banks.

1. In addition to all powers, express or implied, that a savings bank has under this chapter, a savings bank has the powers, privileges and authorities that:

(a) A state bank has under chapters 657 to 671, inclusive, of NRS; and

(b) A national bank has,

except as may be expressly denied or limited by the Commissioner after notice and a hearing.

2. Any restriction, limitation or requirement applicable to a specific power, privilege or authority of a state bank or national bank applies to a savings bank exercising such a power, privilege or authority pursuant to this section to the extent that a savings bank exercises such a power, privilege or authority.

(Added to NRS by 2017, 1915)

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