Nevada § 666.185 Temporary orders: Grounds; issuance; effectiveness

Nevada Statutes

§ 666.185 — Temporary orders: Grounds; issuance; effectiveness

Nevada § 666.185

Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL

Ch. 666Major

BANK HOLDING COMPANIES

This text of Nevada § 666.185 (Temporary orders: Grounds; issuance; effectiveness) 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. § 666.185 (2026).

Text

1. If the Commissioner determines that the existing or threatened activity specified in a notice of charges is likely to:

(a)Cause insolvency or substantial dissipation of the assets or earnings of a bank which is owned or controlled by the bank holding company; or

(b)Seriously prejudice the interests of the depositors in the bank, Ê the Commissioner may issue a temporary order requiring the bank holding company to cease and desist from the activity. 2. The temporary order becomes effective when served upon the bank holding company and remains effective until it is set aside by the Commissioner or a reviewing court or a permanent order is issued against the bank.

Free access — add to your briefcase to read the full text and ask questions with AI

1. If the Commissioner determines that the existing or threatened activity specified in a notice of charges is likely to:
(a) Cause insolvency or substantial dissipation of the assets or earnings of a bank which is owned or controlled by the bank holding company; or
(b) Seriously prejudice the interests of the depositors in the bank,
Ê the Commissioner may issue a temporary order requiring the bank holding company to cease and desist from the activity.
2. The temporary order becomes effective when served upon the bank holding company and remains effective until it is set aside by the Commissioner or a reviewing court or a permanent order is issued against the bank.