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Current as of January 01, 2025 | Updated by Findlaw Staff
1. No foreign bank which is licensed to establish and maintain a state branch, agency or representative office may relocate the office unless the Commissioner first approves the relocation and issues an amended license authorizing the foreign bank to maintain the office at the new site.
2. An application by a foreign bank under this section must be in such form and contain such information as the Commissioner requires.
3. If an application made by a foreign bank pursuant to this section is approved and all conditions precedent to the issuance of an amended license authorizing the foreign bank to maintain the office at the new site have been fulfilled, the Commissioner shall issue an amended license.
4. Promptly after a foreign bank which is licensed to maintain a state branch, agency or representative office relocates the office, the foreign bank shall surrender to the Commissioner its previous license for the office.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 55. Banks and Related Organizations § 666A.300. Relocation of office - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-55-banks-and-related-organizations/nv-rev-st-666a-300/
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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