NRS 673.0077 – “Federal savings bank” defined.
“Federal savings bank” means any type of federal savings association organized pursuant to the Home Owners’ Loan Act of 1933, 12 U.S.C. §§ 1461 to 1468, inclusive. (Added to NRS by 2017, 1914)
NRS 673.008 – “Foreign” defined.
“Foreign,” used in connection with an association, limited-liability company, corporation or other person organized for the purpose of conducting a banking business, means an association, limited-liability company, corporation or person organized for the purpose of conducting a banking business that is organized or incorporated under the laws of some government other than that of the […]
NRS 673.0155 – “Insolvency” or “insolvent” defined.
“Insolvency” or “insolvent” means one or more of the following: 1. When a savings bank cannot meet its deposit liabilities as they become due in the regular course of business. 2. When the actual cash market value of the assets of a savings bank is insufficient to pay its liabilities to depositors and other creditors. […]
NRS 673.016 – “Insured depository institution” defined.
“Insured depository institution” means a depository institution the deposit accounts of which are insured wholly or in part by the Federal Deposit Insurance Corporation. (Added to NRS by 1959, 538; A 1993, 2806; 2017, 1921)
NRS 673.017 – “Investment certificate” defined.
1. “Investment certificate” means any certificate or contract, either paid up or purchasable on an installment basis, which is issued for the purpose of providing a means of investment or savings. 2. An accumulative investment certificate is an investment certificate, not full-paid and without an expressed date of maturity, upon which the holder has the […]
NRS 673.001 – Definitions.
As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 673.0054 to 673.034, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 1959, 537; A 1969, 966; 1979, 710; 1983, 1771; 1987, 1956; 2017, 1921)
NRS 673.0054 – “Commissioner” defined.
“Commissioner” means the Commissioner of Financial Institutions. (Added to NRS by 1987, 1956)
NRS 673.0056 – “Cooperative housing corporation” defined.
“Cooperative housing corporation” means a corporation organized under the laws of this State or any other state for the purpose of the cooperative ownership of real estate whereby each of the stockholders or members is entitled, through ownership of stock or a certificate of membership in the corporation, to occupy a house, apartment or other […]
NRS 673.0057 – “Deposit” defined.
“Deposit” means that part of the liability of a savings bank which is credited to the account of the holder thereof and is eligible to be insured by the Federal Deposit Insurance Corporation. (Added to NRS by 1969, 961; A 2017, 1921)
NRS 673.00575 – “Deposit account” defined.
“Deposit account” means an account that holds deposits, whether in a commercial, demand, time, checking, savings or similar type of account, or which is evidenced by a certificate of deposit, investment certificate, certificate of indebtedness or other similar name, for which the savings bank is primarily liable. (Added to NRS by 2017, 1914)