NRS666.065. Definitions.

Latest version.

As used in NRS 666.065 to 666.215, inclusive, unless the context otherwise requires:

      1. To “acquire” a bank means to obtain control of an existing bank or to establish a new bank.

      2. “Business trust” means an organization in which a business or property is conveyed to trustees who manage the business or property for the benefit of the holders of the beneficial interest in the trust. The term does not include a voting trust.

      3. “Company” means any corporation, business trust, association or similar entity, but does not include:

      (a) A natural person; or

      (b) A corporation of which a majority of the stock is owned by the United States or any state.

(Added to NRS by 1983, 928; A 1983, 1838; 1984, 3; 1995, 493, 1558)

                    
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