NRS 673.630 – Filing of charter or certificate with Commissioner; fee; taxation; regulations.
1. After the holding of the meeting of stockholders, the savings bank shall take such action, in the manner prescribed or authorized by the laws of the United States or the rules and regulations promulgated pursuant thereto, as shall make it a federal savings bank, national bank or state bank, and there shall thereupon be […]
NRS 673.640 – When supervision as state savings bank ceases; when property and assets vest in converted entity; enjoyment of property by converted entity.
1. At the time when the conversion becomes effective, the savings bank shall cease to be supervised by this state pursuant to this chapter, but shall continue as a body corporate converted pursuant to the provisions of the Home Owners’ Loan Act of 1933, the National Bank Act or chapters 657 to 671, inclusive, of […]
NRS 673.650 – Conversion authorized; votes necessary.
A federal savings bank, national bank or state bank may convert itself into a savings bank under the laws of this State upon a vote of 51 percent or more of the votes of members of the converting institution cast at any regular or special meeting called to consider the action. [Part 1:140:1939; 1931 NCL […]
NRS 673.660 – Time for election of directors after conversion; time directors to hold office.
At the meeting the members shall also vote upon the directors who shall be the directors of the savings bank after conversion takes effect, to hold office until the next annual meeting and until their successors are elected and qualified. [Part 1:140:1939; 1931 NCL § 974.30]—(NRS A 1977, 504; 2017, 1952)
NRS 673.670 – Filing of verified minutes of stockholders’ meeting.
Copies of the minutes of the proceedings of the meeting, verified by the affidavit of the president or vice president and the secretary or an assistant secretary, must be filed in the Office of the Commissioner and, in duplicate, with the Federal Home Loan Bank or Federal Reserve Bank of which the savings bank is […]
NRS 673.680 – Verified copy of minutes as presumptive evidence of holding meeting and action taken.
The verified copies of the minutes of the meeting, when filed as required by NRS 673.670, shall be presumptive evidence of the holding and action of such meeting. [Part 1:140:1939; 1931 NCL § 974.30]
NRS 673.690 – Converting institution and directors to take necessary action to incorporate as state savings bank; no minimum amount of capital required.
1. After the meeting, the converting institution shall take such action in the manner prescribed and authorized by the laws of this state as shall make it a savings bank of this state, and the directors elected at the meeting shall file such documents and follow such procedures as are required by the laws of […]
NRS 673.700 – Inclusion of statement of conversion in articles permissible.
The directors may, if they so desire, insert in the articles of incorporation the following statement: “This savings bank (company or corporation) is incorporated by conversion from a federal savings bank, national bank or state bank, as applicable.” [Part 1:140:1939; 1931 NCL § 974.30]—(NRS A 2017, 1952)
NRS 673.597 – Conflict of laws; report to Commissioner of forbidden course or act.
1. If any savings bank, association, company or corporation organized or incorporated under the laws of any governing body other than the State of Nevada is doing business in this state under the provisions of this chapter, and the laws of the other governing body conflict with any of the provisions of this chapter, the […]
NRS 673.600 – Conversion authorized.
Any savings bank may convert itself into a federal savings bank pursuant to the Home Owners’ Loan Act of 1933, 12 U.S.C. §§ 1461 to 1468, inclusive, a national bank pursuant to the National Bank Act, 12 U.S.C. §§ 214 to 214d, inclusive, or a state bank pursuant to chapters 657 to 671, inclusive, of […]