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Current as of January 01, 2025 | Updated by Findlaw Staff
Every president, director, manager, cashier or other officer or employee of any bank who knowingly prepares, signs, approves or concurs in any account, statement, return, report or document respecting the affairs of the bank, containing any false or deceptive statement, or any return or report required by chapters 657 to 671, inclusive, of NRS which does not set forth the true financial condition of the bank, including in the report or return all the information required by the provisions of chapters 657 to 671, inclusive, of NRS, is:
1. Guilty of a category D felony and shall be punished as provided in NRS 193.130.
2. Liable for all damages which the bank, its stockholders, creditors or depositors suffer in consequence thereof, and is subject to removal upon order of the Commissioner.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 55. Banks and Related Organizations § 668.015. False or deceptive financial statements: Criminal penalty; liability for damages; removal from office - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-55-banks-and-related-organizations/nv-rev-st-668-015/
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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