Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE31 PUBLIC FINANCIAL ADMINISTRATION |
CHAPTER356. Depositories of Public Money and Securities |
ADMINISTRATIVE OVERSIGHT OF DEPOSITORIES; LEVY OF ASSESSMENT |
NRS356.340. “Third-party depository” defined.
Latest version.
- “Third-party depository” means a trust company or trust department of a state, national or federal reserve district bank which is authorized to hold acceptable securities on behalf of a depository for the benefit of a collateral pool pursuant to regulations adopted by the State Treasurer under NRS 356.390.
(Added to NRS by 2003, 20th Special Session, 285; A 2007, 919)