Nevada Statutes

§ 661.165 — Directors: Quarterly meetings and examination of books required; exemption

Nevada § 661.165

JurisdictionNevada

Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL

Ch. 661Organizational

MANAGEMENT AND PERSONNEL

This text of Nevada § 661.165 (Directors: Quarterly meetings and examination of books required; exemption) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 661.165 (2026).

Text

The board of directors shall meet at least quarterly in regular meeting. At least quarterly, a thorough examination of the books, records, funds and securities held by the bank must be made. The examination may be dispensed with if an annual audit is made of the books, records, funds and securities.

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Legislative History

(Added to NRS by 1971, 978 ; A 1989, 293 ; 1997, 985 )

Nearby Sections

15

§ 661.015

Organization: Minimum initial stockholders’ or members’ equity required; insurance of deposit accounts by Federal Deposit Insurance Corporation

§ 661.025

Requirements for stockholders’ or members’ equity determined by Commissioner; deposit liability; acceptance of deposits

§ 661.035

Amendment of articles of incorporation to increase or reduce authorized stock; approval by Commissioner

§ 661.065

Liability of persons holding stock in or becoming substituted members of bank in fiduciary capacity

§ 661.075

Failure to pay installment on stock or contribution: Sale of stock or member’s interest; forfeiture of amount previously paid

§ 661.085

Impaired stockholders’ or members’ equity: Duty of Commissioner to give notice; duty of officers and directors to require bank to make impairment good; power of Commissioner to take possession of bank

§ 661.105

Preferred stock: Conditions for issuance; inclusion in determination of compliance with requirements for stockholders’ equity

§ 661.115

Maintenance and filing of list of stockholders or members; additional requirements for list of members

§ 661.125

Report of changes in ownership or management; report of certain loans made by bank; application required after certain acquisitions; investigation by Commissioner; payment of costs; waiver of investigation

§ 661.135

Directors or managers: Number; selection

§ 661.145

Directors or managers: Qualifications

§ 661.165

Directors: Quarterly meetings and examination of books required; exemption

§ 661.185

Bonds of officers, managers and employees

§ 661.195

Liability of directors, managers, officers and other persons

§ 661.205

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Bluebook (online)

Nevada § 661.165, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/661.165.