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Current as of January 01, 2025 | Updated by Findlaw Staff
1. No person, except a bank maintaining an office in this State and doing business under the laws of the United States, may solicit or accept deposits in this State or otherwise engage in the banking business in this State without first obtaining from the Commissioner, as provided in this section, a license authorizing it, as a banking corporation or company, to use the name and transact the business of a bank. The transacting of any banking business without such authority is a gross misdemeanor.
2. For the purposes of this section “solicits deposits” has the meaning ascribed to it in NRS 80.016.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 55. Banks and Related Organizations § 659.115. Unlawful transaction of banking business without license; penalty - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-55-banks-and-related-organizations/nv-rev-st-659-115/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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