Nevada § 662.186 Operating cash: Minimum cash and demand balances; reserves

Nevada Statutes

§ 662.186 — Operating cash: Minimum cash and demand balances; reserves

Nevada § 662.186

Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL

Ch. 662Powers

INVESTMENTS; RESERVES; LOAN LIMITS

This text of Nevada § 662.186 (Operating cash: Minimum cash and demand balances; reserves) 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. § 662.186 (2026).

Text

1.Each bank doing business under the laws of this state shall have on hand, in cash, at least the sum of money determined by the Commissioner as necessary to meet the operating requirements of the bank and at least a required sum consisting of demand balances due from good and solvent banks.

2.Any bank organized under the laws of this state shall carry or maintain as a reserve at least that amount of money which is required under the terms of the Federal Reserve Act.

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1. Each bank doing business under the laws of this state shall have on hand, in cash, at least the sum of money determined by the Commissioner as necessary to meet the operating requirements of the bank and at least a required sum consisting of demand balances due from good and solvent banks.
2. Any bank organized under the laws of this state shall carry or maintain as a reserve at least that amount of money which is required under the terms of the Federal Reserve Act.