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Current as of January 01, 2025 | Updated by Findlaw Staff
1. As used in this section “dealing in investment securities” does not include the purchasing and selling of securities without recourse solely upon order and for the account of customers.
2. Banks shall not engage in the business of dealing in any investment securities, either directly or through subsidiary corporations, except as otherwise provided in chapters 657 to 671, inclusive, of NRS for investment in public securities or private securities.
3. Any provision contained in the articles of incorporation issued to any banking corporation before July 1, 1971, which is in conflict with this section is revoked.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 55. Banks and Related Organizations § 662.046. Dealing in investment securities prohibited - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-55-banks-and-related-organizations/nv-rev-st-662-046/
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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