2020 Nevada Revised Statutes
Chapter 661 - Organizational Requirements
NRS 661.165 - Directors: Quarterly meetings and examination of books required; exemption.

Universal Citation: NV Rev Stat § 661.165 (2020)

The board of directors shall meet at least quarterly in regular meeting. At least quarterly, a thorough examination of the books, records, funds and securities held by the bank must be made. The examination may be dispensed with if an annual audit is made of the books, records, funds and securities.

(Added to NRS by 1971, 978; A 1989, 293; 1997, 985)

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