Nev. Admin. Code § 662.070

Current through November 8, 2024

Section 662.070 - Long-term capital notes or debentures: Conversion to stock

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 Commissioner.

Nev. Admin. Code § 662.070

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; A by R098-23A, eff. 6/6/2024

NRS 658.105, 662.115