Nev. Admin. Code § 662.020 - Long-term capital notes or debentures: Application for approval

1. A bank which desires to obtain approval for the issuance of long-term capital notes or debentures must submit an application to the Commissioner.

2. The application must include:

(a) A statement explaining the need for and the proposed use of the money which the bank intends to borrow; and

(b) Three copies of the proposed long-term capital note or debenture.

Notes

Nev. Admin. Code § 662.020

Banking Div., Long-Term Capital Notes or Debentures Rule No. 1 subsec. 2, 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