Nevada § 666.155 Failure to remove person pursuant to order conclusive evidence of negligence

Nevada Statutes

§ 666.155 — Failure to remove person pursuant to order conclusive evidence of negligence

Nevada § 666.155

Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL

Ch. 666Major

BANK HOLDING COMPANIES

This text of Nevada § 666.155 (Failure to remove person pursuant to order conclusive evidence of negligence) 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. § 666.155 (2026).

Text

If the board of directors of a bank holding company neglects or refuses to remove a person pursuant to an order of the Commissioner and the company subsequently incurs losses because of that person’s activities, the written order of the Commissioner is conclusive evidence, in any action against the directors or a director for recovery of those losses, of the negligence of the directors in failing to act upon the order.

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If the board of directors of a bank holding company neglects or refuses to remove a person pursuant to an order of the Commissioner and the company subsequently incurs losses because of that person’s activities, the written order of the Commissioner is conclusive evidence, in any action against the directors or a director for recovery of those losses, of the negligence of the directors in failing to act upon the order.