Nevada § 666.003 “Control” defined

Nevada Statutes

§ 666.003 — “Control” defined

Nevada § 666.003

Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL

Ch. 666Major

GENERAL PROVISIONS

This text of Nevada § 666.003 (“Control” defined) 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. § 666.003 (2026).

Text

“Control” means the power, directly or indirectly, to: 1. Direct or exercise a controlling influence over the management or policies of a depository institution or the election of a majority of the directors or trustees of an institution; or 2. Vote:

(a)Twenty percent or more of any class of voting securities of a depository institution if exercised by a natural person; or

(b)More than 10 percent of any class of voting securities of a depository institution if exercised by a person other than a natural person.

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“Control” means the power, directly or indirectly, to:
1. Direct or exercise a controlling influence over the management or policies of a depository institution or the election of a majority of the directors or trustees of an institution; or
2. Vote:
(a) Twenty percent or more of any class of voting securities of a depository institution if exercised by a natural person; or
(b) More than 10 percent of any class of voting securities of a depository institution if exercised by a person other than a natural person.