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2025 Nevada Revised Statutes
Chapter 666 - Major Organizational Changes; Bank Holding Companies; Interstate Banking
NRS 666.004 - "De novo branch" defined.
Universal Citation:
NV Rev Stat § 666.004 (2025)
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"De novo branch" means a branch of a depository institution which:
1. Is newly established by the depository institution as a branch; and
2. Does not become a branch of the depository institution as a result of:
(a) The acquisition by the depository institution of an insured depository institution or a branch of an insured depository institution; or
(b) The conversion, merger or consolidation of any such institution or branch.
(Added to NRS by 1995, 1553)
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