State Codes and Statutes

Statutes > Nevada > Title-55 > Chapter-666 > General-provisions > 666-005

666.005 “Holding company” defined. “Holding company” means a company:

1. Which directly or indirectly owns or controls 25 percent or more of the voting stock of a depository institution;

2. Which controls the election of a majority of the directors of a depository institution; or

3. For the benefit of whose stockholders 25 percent or more of the voting stock of a depository institution is held by one or more trustees.

(Added to NRS by 1995, 1553)

Statutes > Nevada > Title-55 > Chapter-666 > General-provisions > 666-005

666.005 “Holding company” defined. “Holding company” means a company:

1. Which directly or indirectly owns or controls 25 percent or more of the voting stock of a depository institution;

2. Which controls the election of a majority of the directors of a depository institution; or

3. For the benefit of whose stockholders 25 percent or more of the voting stock of a depository institution is held by one or more trustees.

(Added to NRS by 1995, 1553)

Statutes > Nevada > Title-55 > Chapter-666 > General-provisions > 666-005

666.005 “Holding company” defined. “Holding company” means a company:

1. Which directly or indirectly owns or controls 25 percent or more of the voting stock of a depository institution;

2. Which controls the election of a majority of the directors of a depository institution; or

3. For the benefit of whose stockholders 25 percent or more of the voting stock of a depository institution is held by one or more trustees.

(Added to NRS by 1995, 1553)

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