Nevada Revised Statutes Title 55. Banks and Related Organizations § 677.540. Taking possession of business by Commissioner: Conditions; resumption of business

1. The stockholders' equity of any licensee is less than its initial stockholders' equity;

2. Any licensee has violated its articles of incorporation or any law of this state;

3. Any licensee is conducting its business in an unsafe or unauthorized manner;

4. Any licensee refuses to submit its books, papers and affairs to the inspection of any examiner;

5. Any officer of any licensee refuses to be examined upon oath touching the concerns of the licensee;

6. Any licensee has suspended payment of its obligations;

7. Any licensee is in a condition that it is unsound or unsafe for it to transact business;

8. Any licensee neglects or refuses to observe any order of the Commissioner made pursuant to this chapter unless the enforcement of the order is restrained in a proceeding brought by the licensee;

9. Any licensee has accepted deposits in violation of the provisions of this chapter; or

10. Any fact or condition exists which, if it had existed at the time of the original application for authority to organize and establish a corporation to engage in business under this chapter, it reasonably would have warranted the disapproval of the application by the Commissioner,