Nev. Rev. Stat. § 666A.210

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 666A.210 - State branch or agency: Segregation of assets; priority of creditors
1. Each foreign bank which is licensed to establish and maintain a state branch or agency in this state shall keep the assets of its business in this state separate from the assets of its business outside this state.
2. The creditors of the business in this state conducted by a foreign bank at and recorded on the books of its state branch or agency are entitled to absolute priority over other creditors with respect to the assets of the foreign bank's offices in this state.

NRS 666A.210

Added to NRS by 1995, 1544
Added to NRS by 1995, 1544