Loans to directors, officers, shareholders or company owned or controlled by savings bank.

  1. Law
  2. Nevada Revised Statutes
  3. Savings Banks
  4. Loans to directors, officers, shareholders or company owned or controlled by savings bank.

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No savings bank may make any loan to a director, officer or principal shareholder of the savings bank or any company owned or controlled by the savings bank if such a loan would be prohibited for a bank that is subject to 12 C.F.R. Part 215, commonly known as Regulation O.

(Added to NRS by 1967, 1022; A 1983, 658, 1787; 1987, 1971; 2017, 1940)


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