State Codes and Statutes
Statutes > Nevada > Title-55 > Chapter-666 > General-provisions > 666-003666.003 “Control” defined. “Control” means the power, directly or indirectly, to:
1. Direct or exercise a controlling influence over the management or policies of a depository institution or the election of a majority of the directors or trustees of an institution; or
2. Vote:
(a) Twenty percent or more of any class of voting securities of a depository institution if exercised by a natural person; or
(b) More than 10 percent of any class of voting securities of a depository institution if exercised by a person other than a natural person.
(Added to NRS by 1985, 2149; A 1997, 996)
