Conversion authorized; votes necessary.

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A federal savings bank, national bank or state bank may convert itself into a savings bank under the laws of this State upon a vote of 51 percent or more of the votes of members of the converting institution cast at any regular or special meeting called to consider the action.

[Part 1:140:1939; 1931 NCL § 974.30] — (NRS A 1977, 504; 2017, 1952)


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