Nev. Rev. Stat. § 673.690
Converting institution and directors to take necessary action to incorporate as state savings bank; no minimum amount of capital required
Nevada · Nevada Revised Statutes Chapter 673 — Savings Banks · Status: effective
Cite this
- Citation
- Nev. Rev. Stat. § 673.690, Converting institution and directors to take necessary action to incorporate as state savings bank; no minimum amount of capital required, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2144457
- Permanent ID
ys:prov:2144457@1- SHA-256
fc1567a733c4e84b55009b938f230942e29adb4a4a2ddd49c59201d1657f0c35
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
1. After the meeting, the converting institution shall take such action in the manner prescribed and authorized by the laws of this state as shall make it a savings bank of this state, and the directors elected at the meeting shall file such documents and follow such procedures as are required by the laws of this state in the case of the original incorporation of a savings bank.
2. A savings bank incorporated by conversion from a federal savings bank, national bank or state bank shall not be required to comply with any of the provisions of law or any regulation adopted by the Commissioner relating to the minimum amounts of capital required to be subscribed in connection with the original incorporation of a savings bank under the laws of this state.