Nevada § 666.205 Injunctions; civil penalty; divestiture by holding company in another state

Nevada Statutes

§ 666.205 — Injunctions; civil penalty; divestiture by holding company in another state

Nevada § 666.205

Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL

Ch. 666Major

BANK HOLDING COMPANIES

This text of Nevada § 666.205 (Injunctions; civil penalty; divestiture by holding company in another state) 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. § 666.205 (2026).

Text

1. The Commissioner may apply to the district court for an order compelling compliance with any provision of NRS 666.065 to 666.195 , inclusive. The court may award the Commissioner the costs of bringing the action and attorney’s fees. 2. The Commissioner may bring an action against a person who violates a court order or injunction issued pursuant to this section or NRS 666.065 to 666.195 , inclusive, to recover a civil penalty of not more than $10,000 for each violation. 3. The Commissioner may bring an action to require a holding company for a depository institution which acquired a depository institution in Nevada to divest itself of all interest in the acquired institution if the holding company violates:

(a)An order to cease and desist issued pursuant to NRS 666.175 ; or

(b)A court

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1. The Commissioner may apply to the district court for an order compelling compliance with any provision of NRS 666.065 to 666.195 , inclusive. The court may award the Commissioner the costs of bringing the action and attorney’s fees.
2. The Commissioner may bring an action against a person who violates a court order or injunction issued pursuant to this section or NRS 666.065 to 666.195 , inclusive, to recover a civil penalty of not more than $10,000 for each violation.
3. The Commissioner may bring an action to require a holding company for a depository institution which acquired a depository institution in Nevada to divest itself of all interest in the acquired institution if the holding company violates:
(a) An order to cease and desist issued pursuant to NRS 666.175 ; or
(b) A court order or injunction issued pursuant to this section or NRS 666.065 to 666.195 , inclusive.