2013 Nevada Revised Statutes
Chapter 666 - Major Organizational Changes; Bank Holding Companies; Interstate Banking
NRS 666.005 - Holding company defined.


NV Rev Stat § 666.005 (2013) What's This?

Holding company means a company:

1. Which directly or indirectly owns or controls 25 percent or more of the voting stock of a depository institution;

2. Which controls the election of a majority of the directors of a depository institution; or

3. For the benefit of whose stockholders 25 percent or more of the voting stock of a depository institution is held by one or more trustees.

(Added to NRS by 1995, 1553)

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