657.016 - “Bank,” “commercial bank,” “banking company” and “banking corporation” defined.

657.016  “Bank,” “commercial bank,” “banking company” and “banking corporation” defined.  “Bank,” “commercial bank,” “banking company” or “banking corporation” means a corporation or limited-liability company that is chartered by this State, another state or the United States and conducts the business of receiving money as demand deposits or otherwise carries on a banking or banking and trust business. The terms do not include a thrift company engaged in business pursuant to chapter 677 of NRS.

      (Added to NRS by 1971, 965; A 1985, 737; 1989, 2031; 1995, 473, 1549; 1997, 974)