NRS657.085. “Time deposit” defined.

Latest version.

“Time deposit” means a deposit which:

1. The depositor does not have a right to withdraw for a period of 7 days or more after the date of deposit; and

2. Is payable at the expiration of a specified time not less than 7 days after the date of deposit.

(Added to NRS by 1971, 965; A 1985, 737)

                    
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