Nevada § 673.113 Surety bond of savings bank

Nevada Statutes

§ 673.113 — Surety bond of savings bank

Nevada § 673.113

Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL

Ch. 673Savings

FORMATION AND ORGANIZATION; BRANCH AND SERVICE OFFICES

This text of Nevada § 673.113 (Surety bond of savings bank) 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. § 673.113 (2026).

Text

1.Every savings bank shall maintain bond coverage in such amounts and form which is acceptable to the Commissioner and the Federal Deposit Insurance Corporation. The bond coverage may allow for a deductible amount or provision adopted under federal regulations applicable to federal savings banks.

2.When requested by the Commissioner, the savings bank shall provide a duplicate copy of the invoice showing that the bond premium has been paid or satisfied.

3.The face amount of the surety bond must comply with the requirements of the Federal Deposit Insurance Corporation.

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1. Every savings bank shall maintain bond coverage in such amounts and form which is acceptable to the Commissioner and the Federal Deposit Insurance Corporation. The bond coverage may allow for a deductible amount or provision adopted under federal regulations applicable to federal savings banks.
2. When requested by the Commissioner, the savings bank shall provide a duplicate copy of the invoice showing that the bond premium has been paid or satisfied.
3. The face amount of the surety bond must comply with the requirements of the Federal Deposit Insurance Corporation.