Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE30 PUBLIC BORROWING AND OBLIGATIONS |
CHAPTER349. State Obligations |
STATE SECURITIES LAW |
NRS349.160. “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, 771; A 1999, 1469)