Suspension or revocation of charter: Grounds; notice and hearing.

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The Commissioner may after notice and hearing suspend or revoke the charter of any savings banks for:

1. Repeated failure to abide by the provisions of this chapter or the regulations adopted thereunder.

2. Failure to pay a tax as required pursuant to the provisions of chapter 363A or 363C of NRS.

(Added to NRS by 1967, 980; A 1977, 96; 1983, 1796; 1987, 1978; 2003, 20th Special Session, 226; 2015, 2948; 2017, 1948)


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