Nev. Rev. Stat. § 673.055
Savings associations automatically converted into savings banks; issuance by Commissioner of savings bank charters to converted entities; rights, powers, privileges, immunities and exceptions provided to converted entities
Nevada · Nevada Revised Statutes Chapter 673 — Savings Banks · Status: effective
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- Nev. Rev. Stat. § 673.055, Savings associations automatically converted into savings banks; issuance by Commissioner of savings bank charters to converted entities; rights, powers, privileges, immunities and exceptions provided to converted entities, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2144355
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1. Every savings association chartered under the laws of this State in existence on June 3, 2017, is automatically converted, by operation of law, into a savings bank licensed under the laws of this State. The Commissioner shall issue a savings bank charter to each such entity immediately after June 3, 2017.
2. Every savings bank that is converted from a savings association pursuant to subsection 1 shall have all of the rights, powers, privileges, immunities and exceptions provided by this chapter to a savings bank.