State Codes and Statutes

Statutes > Nevada > Title-55 > Chapter-666 > General-provisions > 666-004

666.004 “De novo branch” defined. “De novo branch” means a branch of a depository institution which:

1. Is newly established by the depository institution as a branch; and

2. Does not become a branch of the depository institution as a result of:

(a) The acquisition by the depository institution of an insured depository institution or a branch of an insured depository institution; or

(b) The conversion, merger or consolidation of any such institution or branch.

(Added to NRS by 1995, 1553)

Statutes > Nevada > Title-55 > Chapter-666 > General-provisions > 666-004

666.004 “De novo branch” defined. “De novo branch” means a branch of a depository institution which:

1. Is newly established by the depository institution as a branch; and

2. Does not become a branch of the depository institution as a result of:

(a) The acquisition by the depository institution of an insured depository institution or a branch of an insured depository institution; or

(b) The conversion, merger or consolidation of any such institution or branch.

(Added to NRS by 1995, 1553)

Statutes > Nevada > Title-55 > Chapter-666 > General-provisions > 666-004

666.004 “De novo branch” defined. “De novo branch” means a branch of a depository institution which:

1. Is newly established by the depository institution as a branch; and

2. Does not become a branch of the depository institution as a result of:

(a) The acquisition by the depository institution of an insured depository institution or a branch of an insured depository institution; or

(b) The conversion, merger or consolidation of any such institution or branch.

(Added to NRS by 1995, 1553)

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