There is a newer version of the Nevada Revised Statutes
2010 Nevada Code
TITLE 56 OTHER FINANCIAL INSTITUTIONS
Chapter 677 Thrift Companies
-
GENERAL PROVISIONS
- NRS 677.010 Short title.
- NRS 677.020 Definitions.
- NRS 677.030 "Amount of cash advance" defined.
- NRS 677.040 "Amount of loan obligation" defined.
- NRS 677.050 "Borrowings" defined.
- NRS 677.060 "Charges" defined.
- NRS 677.065 "Commissioner" defined.
- NRS 677.070 "Community" defined.
- NRS 677.075 "Deposit" defined.
- NRS 677.090 "Gross amount" defined.
- NRS 677.100 "License" defined.
- NRS 677.110 "Licensee" defined.
- NRS 677.115 "Loan" defined.
- NRS 677.125 "Stockholders' equity" defined.
- NRS 677.130 "Thrift certificate" defined.
- NRS 677.140 "Unpaid principal balance" defined.
- NRS 677.145 Certain relationships between employee of Division of Financial Institutions and licensee prohibited; termination of prohibited relationship.
- NRS 677.147 Applicability of chapters 78 and 92A of NRS. FORMATION
- NRS 677.150 Authorization by Commissioner.
- NRS 677.160 Application for authority to engage in business: Form; contents; filing fee; regulations; withdrawal of application.
- NRS 677.170 Fidelity bond.
- NRS 677.175 Additional bond.
- NRS 677.180 Investigation and examination of applicant.
- NRS 677.190 Requisites for approval of application.
- NRS 677.200 Qualifications of president and certain managers of corporation.
- NRS 677.210 Minimum stockholders' equity required.
- NRS 677.220 Certificate of authorization to transact business.
- NRS 677.230 Reserves.
- NRS 677.240 Authorization for change of place of business. PROTECTION OF INVESTORS
- NRS 677.241 Power of licensee to obtain benefits of federal programs.
- NRS 677.243 Records of employees; confidentiality.
- NRS 677.245 Limitation on investment in real property; recording deed or other document; subsidiary ledger or other appropriate record.
- NRS 677.247 Applicant required to obtain insurance of deposits; regulations. BRANCH OFFICES
- NRS 677.250 Establishment and maintenance.
- NRS 677.270 Requisites for approval of application; notice of approval or denial.
- NRS 677.290 Right to open branch office expires if office not open within 6 months after approval of application.
- NRS 677.300 Authorization for change of location; posting of certificate.
- NRS 677.310 Specified designation of branch offices by name or number required.
- NRS 677.320 Closing or discontinuance of branch office.
- NRS 677.330 Mobile offices. LICENSING
- NRS 677.340 Persons ineligible for licensing.
- NRS 677.350 Applicability of chapter to persons who seek to evade.
- NRS 677.355 Licensee may own interest in bank or savings and loan association.
- NRS 677.360 Expiration, renewal and reinstatement of license; fees; regulations.
- NRS 677.370 Posting of license; transferability and assignability of license.
- NRS 677.373 Application for license: Additional requirements; fingerprints; grounds for refusal to issue license.
- NRS 677.375 Suspension or revocation of license: Additional grounds. ADMINISTRATION AND ENFORCEMENT Generally
- NRS 677.380 Regulations and orders of Commissioner.
- NRS 677.390 Disposition of money collected pursuant to chapter. Reports, Examinations and Audits
- NRS 677.400 Annual report by licensee; composite reports.
- NRS 677.410 Preparation of annual reports and financial statements; special reports; extensions; removal of qualification.
- NRS 677.420 Notification of change in ownership of stock; application for approval after certain acquisitions; investigation; costs; waiver.
- NRS 677.430 Commissioner to examine licensee's business at least annually; fee.
- NRS 677.435 Independent audit and examination: Payment of assessment; cooperation.
- NRS 677.440 Authority of Commissioner to investigate business; free access required; compelling attendance of witnesses.
- NRS 677.450 Authority of Commissioner to require attendance of witnesses and production of documents.
- NRS 677.460 Charging off assets; regulations and orders.
- NRS 677.470 Licensee to pay costs of audit of books and records. Remedial Actions
- NRS 677.480 Order of Commissioner directing discontinuance of unsafe or injurious practice.
- NRS 677.490 Surrender of license by licensee; surrender as affecting licensee's liability.
- NRS 677.500 Temporary suspension of license: Conditions; notice; hearing; term of suspension.
- NRS 677.510 Revocation or suspension of license: Grounds; notice; hearing; order.
- NRS 677.520 Preexisting contracts unaffected by revocation, suspension, expiration or surrender of license.
- NRS 677.530 Order to desist or refrain; action to enjoin violations; appointment and powers of receiver.
- NRS 677.540 Taking possession of business by Commissioner: Conditions; resumption of business.
- NRS 677.545 Taking possession of business by Commissioner: Acquisition by or merger with another institution.
- NRS 677.550 Order suspending or limiting payment of liabilities; effect of order; assignment or hypothecation of indebtedness.
- NRS 677.560 Application by licensee to enjoin further proceedings.
- NRS 677.570 Authority of Commissioner to liquidate or conserve company. GENERAL REGULATIONS
- NRS 677.580 Use of holding company or other device for evading or avoiding chapter prohibited; right to issue preferred stock or debentures not affected.
- NRS 677.590 Issuance of thrift certificates prohibited; exception.
- NRS 677.600 Permissible depositories.
- NRS 677.610 Authorized investments.
- NRS 677.612 Authority to accept deposit by fiduciary in trust; payment to fiduciary of withdrawal value and interest.
- NRS 677.614 Payment of withdrawal value and interest to beneficiary upon death of fiduciary.
- NRS 677.616 Deposit by and payment to minor.
- NRS 677.620 Limit on deposits; limit on total borrowings; borrowing money from Federal Home Loan Bank.
- NRS 677.630 Permissible transactions in real property.
- NRS 677.640 Conduct of business in place where other business being conducted; name under which business may be transacted; loans by mail.
- NRS 677.645 Use or change of business name; prohibitions.
- NRS 677.650 Making loan to or purchasing contract or chose in action from officer, director or other specified person prohibited; exception; personal liability.
- NRS 677.660 Advertising: Prohibitions; insurance of deposits.
- NRS 677.665 Formation of bank. EXPLOITATION OF OLDER PERSONS OR VULNERABLE PERSONS
- NRS 677.673 Definitions.
- NRS 677.677 "Designated reporter" defined.
- NRS 677.683 "Exploitation" defined.
- NRS 677.687 "Older person" defined.
- NRS 677.693 "Reasonable cause to believe" defined.
- NRS 677.697 "Vulnerable person" defined.
- NRS 677.703 Training; reporting to designated reporter.
- NRS 677.707 Designated reporter: Designation; duty to report; immunity. LOANS; POWERS AND PRIVILEGES
- NRS 677.720 Requirements for making and paying of loans: Duties of licensee.
- NRS 677.730 Interest, charges and repayment.
- NRS 677.750 Prohibited practices by licensee.
- NRS 677.760 Restriction on percentage of loans secured by stocks or bonds of any one obligor; exception.
- NRS 677.770 Limitations on amount of secured loans or obligations of any one obligor.
- NRS 677.780 Loans may be made to any person; exceptions; property situated outside of State.
- NRS 677.790 Powers of licensee.
- NRS 677.795 Authority to exercise powers of banks. UNLAWFUL ACTS; PENALTIES
- NRS 677.800 Violation of provisions of chapter.
- NRS 677.805 Administrative fines.
- NRS 677.810 Receiving certain compensation or property; making false entry in books or records; embezzlement.
- NRS 677.820 Fraudulent insolvency; malfeasance of directors.
- NRS 677.830 Making loan or purchasing contract in violation of chapter.
- NRS 677.840 Deposit of company's money on condition of loan or advance.
- NRS 677.850 Accepting deposits with knowledge of insolvency of company or violation of chapter.
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.