NRS666A.380. State representative office: Revocation of license.

Latest version.

The Commissioner, after notice and opportunity for a hearing, may revoke a license to establish and maintain a state representative office if the Commissioner finds that:

1. The foreign bank has violated any provision of this chapter or any other law or regulation of this state; or

2. Any fact or condition exists which, if it had existed at the time of the foreign bank’s original application for the license, would have been a ground for refusing to issue the license.

(Added to NRS by 1995, 1541)

                    
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