NRS657.037. “Depository institution” defined.  


Latest version.
  •   “Depository institution” means any bank, savings and loan association, savings bank, thrift company, credit union or other institution, whether chartered by this State, another state or the Federal Government, which:

          1.  Holds or receives deposits, savings or share accounts;

          2.  Issues certificates of deposit; or

          3.  Provides to its customers other depository accounts which are subject to withdrawal by checks, drafts or other instruments or by electronic means to effect payment to a third party.

      (Added to NRS by 1985, 2147; A 1989, 2032; 1995, 1549)