Home/Nevada/Statutes/Title 55: BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL/Ch. 661: Organizational/: ASSETS, DIVIDENDS AND DISTRIBUTIONS/§ 661.205
Nevada Statutes

§ 661.205 — Overdrafts

Nevada § 661.205
JurisdictionNevada
Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL
Ch. 661Organizational
ASSETS, DIVIDENDS AND DISTRIBUTIONS

This text of Nevada § 661.205 (Overdrafts) 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. § 661.205 (2026).

Text

Any overdraft which is outstanding for more than 90 days may not be considered an asset of the bank unless it is adequately secured and in the process of being collected.

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Legislative History

(Added to NRS by 1971, 979 ; A 1991, 373 )

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
Overdrafts
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Bluebook (online)
Nevada § 661.205, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/661.205.