NRS666.005. “Holding company” defined.

Latest version.

“Holding company” means a company:

      1. Which directly or indirectly owns or controls 25 percent or more of the voting stock of a depository institution;

      2. Which controls the election of a majority of the directors of a depository institution; or

      3. For the benefit of whose stockholders 25 percent or more of the voting stock of a depository institution is held by one or more trustees.

(Added to NRS by 1995, 1553)

                    
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