NRS350.512. “Commercial bank” defined.

Latest version.

“Commercial bank” means:

1. A state or national bank or trust company that is a member of the Federal Deposit Insurance Corporation, including, without limitation, a branch of the Federal Reserve Bank.

2. A credit union whose deposits are insured by the National Credit Union Share Insurance Fund or by a private insurer approved pursuant to NRS 678.755.

(Added to NRS by 1967, 422; A 1999, 1473)

                    
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