There is a newer version
of
this Statute
2020 Nevada Revised Statutes
Chapter 661 - Organizational Requirements
NRS 661.135 - Directors or managers: Number; selection.
Universal Citation: NV Rev Stat § 661.135 (2020)
1. The affairs and business of a banking corporation organized under the laws of this State must be managed or controlled by a board of directors of not less than five in number, who must be selected from the stockholders at the annual meeting of stockholders in such manner as may be provided by the bylaws of the corporation.
2. The affairs and business of a banking company so organized must be managed or controlled by no fewer than three managers selected from the members as provided in the operating agreement.
(Added to NRS by 1971, 978; A 1993, 193; 1995, 482)
Disclaimer: These codes may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
