Nevada Administrative Code
Chapter 662 - Banks: Powers and Miscellaneous Provisions
Section 662.070 - Long-term capital notes or debentures: Conversion to stock
Universal Citation: NV Admin Code 662.070
Current through February 27, 2024
No such long-term capital notes or debentures may be converted into capital stock, either common or preferred, of the issuing bank without prior consent of the Administrator of Financial Institutions.
Banking Div., Long-Term Capital Notes or Debentures Rule No. 1 subsec. 7, eff. 12-14-78-NAC A by Admstr. of Financial Institutions, eff. 6-29-84
NRS 658.105, 662.115
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